I see why you only have 5 posts since Jan 2009....
Clay was taken off Tv b/c (the report was) Vince was unhappy with his in-ring work. In my personal opinion I think the report was crap and he was just taken off TV b/c their jsut wasn;t enough TV time to fit his push in with Rock/Cena and HHH/Taker starting to take up so much of the time (rightfully so) on TRTW and they jsut realized debuting a new superstar that close to WM season as dumb.
My guess is The Funkasaurus will return after WM when Taker is back on the shelf and Rock is back filming his movies and their are open sgements on Raw for him again.
His gimmick definitely does not suck, but it is different (which is a good thing IMO) and is not going to appeal to everyone, but it was getting over with the crowd.