I am of mixed mind. I think for those that have been loyal to basketball in Charlotte when the name wasn't that palatable, the Bobcat name became far more likable when MJ became the majority owner as it then no longer had the association of being Bob's team. And for that, I know I have come to really like the name. I personally prefer it to the Hornets as far as names go.
But I hear the argument that it will bring in new/old fans and that revenue rules the day and if the team can make 1.x the revenues just by swapping out two colors and going back to a bee from a cat, they'd have to be crazy to pass that up even if there's an initial cost of the name change.
In the end however, I - and think some of you too - don't buy that any honeymoon surrounding "we're fans cause we got our name back" will last very long. The fans that have followed the Bobcats since its inception are the folks that will be more disrupted by the name change than the "I won't cheer until we're bees again" crowd. Not only in merchandise but in identity. I identify myself as a Bobcat/Cat fan - I have spent a number of years now loathing the Hornets - I don't want the name back. Give the name back to the Greensboro Bats or Crickets or whatever they went onto become since giving it up to Charlotte (Lord knows, they need a better name than whatever they have settled on now I am sure) so it stays in the triad but I don't want it (or better said, I don't "need" it) to be a Charlotte pro hoops fan.
I do hope that if we do end up re-becoming the Hornets, we do maintain some homage to the Cat even if it doesn't make sense in the animal kingdom.