Kinda sad for him, I remember hoping his feud with Benoit over the US title back in 2006 would boost him up the card a little bit.
Either way, I'm a big fan of Chavo and hope he does well with his next endeavor. As someone said above, I kinda imagined he would be one of those people set for life in the WWE, but I could see him coming back in some shape or form in the future.