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I'd say no because then you'd basically have a situation similar to Hogan and the Undisputed title where he won it as a symbolic title reign but at the same time ended up cutting Triple H's reign short for no real reason.
The difference is while that ended up leading to a great reign by the Undertaker, most likely The Rock would lose it to Cena who would have 5 reigns within a year (assuming he wins it back before Mania and then wins it from The Rock). Maybe even a 6th reign if it gets swapped twice before Mania.
The bigger mistake was automatically making Rock vs Cena a title match a day after WM 26 which ended up sort of ruining some of their plans they wanted to do for 2011 (ex. rumored Miz having a new version of the title, the constant title swapping every month, potential long CM Punk reign, etc).
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