I think emotions are ruling the head here, the Miguel Cotto of 2012 is not the same guy from 2007/08. He is a great fighter and in my opinion has only ever lost once legitimately.
Floyd is still the best defensive fight of all time, Cotto's only chance is the body, he goes for the head and Floyd will not be there. It could be a Gatti type fight for Floyd, Cotto will be hit and hit often by Floyd, i expect a wide UD for PBF with one part of me hoping for a glorious left rip to the body by Cotto that has the pretty boy doubling up and falling to the canvas. It's a nice dream.