If they were smart, get Fandango a light up vest to rib on Jericho's. I know Jericho is a team player but I am sure when he signed to come back to WWE I am sure he had a bigger vision for Wrestlemania than to potentially put over a newbie.
Fandago is glittery enough, as it is. Besides, I think this is good for both guys. Done properly, it gives Fandango legitimacy and Jericho new life in his career, showing that he can hang with the new jacks.
It reminds me a lot (before that God-awful incident that occured) of Chris Benoit and MVP. Benoit beat MVP at WrestleMania 23 and at Backlash, successful US title defenses. But, they had a 2-out-3 falls match for the belt; and MVP won the title by winning the first and second falls. In all those matches, the key was Benoit could NOT get the Crossface on MVP. Mr "305" always had a counter for it or was close to the ropes to escape.
There's no other spot for Jericho, anyway. The WWE title match is locked; the World title match is locked; the crack at 'Taker's streak is locked. Another IC run (or a US title shot) does little for Jericho at this point.
Again, Fandango has a lot of heel Jericho traits in him. If they gel together in the ring, this could be a doozy of a feud.