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To answer your question, no I don't think WWE made a huge mistake.
For one, it's not like Morgan is THE guy in TNA right now. If Morgan was in the position where his presence in TNA was hurting WWE, than yes, that would equate to a huge mistake on WWE's part.
And Secondly, Morgan is still young and is only getting better as he gets older. If WWE were to even show the slightest hint of interest in Morgan, I am positive that he would jump back over as soon as his contract with TNA were to expire.
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