I think Floyd's quasi-retirement is actually a good plan.

You can make cases for Floyd to fight Miguel Cotto AND Paul Williams and both have good cases though Miguel has the best right now.

If Floyd was to go in right away and fight Cotto and win or lose he would probably end up having to fight Paul Williams eventually.

If Floyd waits Miguel Cotto and Paul Williams will probably fight each other and more than likely that fight will #1 leave one victor and therefore one reasonable opponent for Floyd to face and #2 Take a lot out of both fighters as their styles match up for an all out war.

That being the case the loser might fancy a move up to 154 especially if it's Williams and Floyd Mayweather Jr. would then only HAVE to fight one guy if he returned because we all know he's not going to fight any higher than 154 unless he's fighting De la Hoya again.