Regardless of one's views on Favre and what ability he may or may not have left, the Packers are in PR freefall right now. If they release him as he asked, they get slammed locally for not only "giving up" on a sure HOFer, but also get flack for not getting ANY value for him. If they trade him, not only to they get slammed locally for dumping him, but who really has the value necessary for what he's worth? They could give him permission to seek a trade deal on his own, but at least if a trade is involved, the Packers would have SOME control over where he goes; if they merely cut him, there's always the risk that he could latch on with a divisional rival, which would be disaster for the Packers particularly in terms of a PR backlash, but also practically if Favre turns out to be good this season. As far as keeping him, the Packers could OFFICIALLY bring him back as the backup, but that begs the question of whether or not the training camp "competition" would truly be open. If not, Favre would be essentially screwed, and, again, there's the local PR hit. If it IS open, there's still a minor PR hit, but it would be mitigated as soon as Favre is named starter. Perhaps the best thing to do would be to bring Favre back as the starter and trade Rodgers. Most backups in this situation would be disgruntled if they lost their job in this fashion, so a "change of scenery" would be good for him, particularly if he were sent to the 49'ers or the Raiders.
Bottom line is that , regardless of who's right here, butts in the seats are what matter, and if GB fans get the idea that their idol is getting the shaft, they may well start no-showing home games. Of all NFL teams, GB can least afford this. Bring back Favre and send Rodgers back west. To me, that's the best thing they can do.