Hey look, we found Michael Vick's biggest fan.
Jesus Christ dude, seek help.
That dog viciously attacked a child unprovoked. There is no damn way that it should be released back to the owner, and certainly not re-homed elsewhere where it will attack again. I had a sweet little poodle/shih tzu mix that started getting aggressive. Our vet, and the local animal sanctuaries all recommended that he be put down, and we did. We could not in good conscience place an aggressive dog where it could bite someone.