He would be in more danger at that weight than he would be dangerous, he could likley get a few good heavyweight wins tho.
If the UFC had a CW division he would do very well. So would smaller HWs, and other bigger LHWs tho.
I'm fine with him staying at light heavyweight as long as he can make weight without issues, it's not like he is out classed there or stands no chance at ever being champ.