Waiting too long is a fair argument, I think the pacing right now is just right now and a few months delay will be fine. Was fine for Hanger at the time as annoying as it was.
As far as Hangman goes, as I said in the post above after this, he actually has not got his revenger at all yet. I think him losing to Joe, fucking over Swerve in the process, furthers his story and goals. It can be the final catalyst for Swerve to admit maybe he got what he deserved this time due to his past transgression, but now he's gonna do it right and win by himself.
Joe can have a few token defenses, I forsee Wardlow getting cucked by a returning MJF at Dynasty (that name, duh!) and kicking off that feud. Swerve could realistically win the rematch with Joe 1 on 1 at the main event of Double or Nothing
That's another point I forgot about. Sting is closing the show. Much better for Swerve to win at another pape where HE is the main event. bigger moment argument basically.