Conor's the champ.. fluke punch or not, whether he has defended or not... Aldo is the greatest FW of all time, one of the best P4P fighters ever, and yes, he got caught. Aldo was so gotten to befor that fight started, he was reckless and made a mistake.
I want to see those two dance again, and it very likely could be a different story. I also feel Frankie is a stylistic nightmare for Conor. But let's not try and marginalize what Conor did when he starched Jose in the first exchange, he beat one of the finest fighters of all time in a matter of seconds.
But I think what is apparent now is that Conor is not nearly as effective when he doesn't have a size advantage over his opponent. At 145, he is a beast, but it takes a lot to get down to the FW limit and it is only going to get more and more difficult. Against a 155lb fighter like Diaz (albeit fighting @ 170) he was not able to dominate his opponent. The question wll be if Conor can continue to safely make 145, and for how long? It will be interesting to see what he performs like @ 145 next time, will there be a performance drop-off due to his weight gains? But until that time, he is the champ @ 145. If he loses the next one, he will be the former champ, but no one can re-write the history books and try and take away what he accomplished last December.