I'd think so for Cane, especially since he's cutting down after somewhat washing out of 205 but Okami is still a top tier MW and was cruising in the Boetsch fight until he got sloppy and let "The Barbarian" crack him in the mouth a bunch of times. Losing 3 straight wouldn't look good on his record, but I still think he beats around 80 to 90% of MWs in the UFC and would be a boon of a fighter if he were to leave the UFC for the HDNet circuit promotions.
MY MMA RANKINGS
HW Cain JDS Werdum Cormier Barnett Bigfoot Overeem Mir Browne Nelson
LHW Jones Machida Evans Hendo Goose Teixeira Davis Shogun Mousasi Bader
MW ASilva Belfort Weidman Jacare Okami Rockhold Kennedy Consta Bisping Boetsch
WW GSP Hendricks Condit MacDonald Diaz Maia Fitch Kampmann Ellenberger Pyle
LW Bendo Alvarez Grant Melendez Thomson J.Miller Diaz Pettis Chandler dos Anjos Gray
FW Aldo Mendes Curran Lamas Frankie Zombie Cub Lentz Kawajiri Siver