Yeh if you read my original post it suggests he'll get a push on Smackdown. The source is also pretty reliable, it was Vince Mcmahon himself speaking to shareholders. They even posted a video on Lords Of Pain of the meeting to further back up the claim.
Therefore making him lose to Jeff Hardy on Raw puts Hardy over considerably because hes a good opponent but isn't detrimental to Umagas future plans.
Anyway if my news turns out to be wrong I'll be the first to apologise. I certainly wouldn't ever intend to post false news.