I'm sure him losing to Santino Marella, however stupid of an idea it may have been to do, is just the start of a program between him and Morrison, which is what I think could be a good thing, but will probably fail.
What I'm sure will happen is this program will be integrated into a traditional Survivor Series Elimination Match, such that any significance matches between these two will be overshadowed by build-up for the match. It's a shame too, because I was impressed by Morrison vs. Sheamus in that Falls Count Anywhere match on Raw a while back, and I think the two of them could really do well working with each other. Sheamus provides a credible opponent for Morrison to go toe to toe with, building him up, and they could just have Sheamus win the match to make sure he doesn't lose any credibility. Alas, it will not happen I am sure though.