The UFC is going to do what makes them the most money, and Condit/Diaz II will do that.
The judge's scorecard's weren't close, but it's all about the money. No other fighter with a 1-1 record since their return to good MMA (7-4 overall good MMA record) would get a shot, but it's going to happen whether we like it or not.
I'm wondering, given just how much Diaz was picked apart, why Uncle Dana is willing to risk losing Diaz as a credible fighter when he loses a second time. Actually, it's a win-win - he loses to Condit a second time and gets another shot at GSP no matter what. If Condit beats GSP a Diaz/GSP fight is much more palatable for the public. If Condit loses, you give crybaby Diaz one last shot at GSP anyways and if he loses Dana gets to get rid of a pain-in-the-ass employee or if he wins he gets to keep his PPV draw. The latter situation is a big risk, though, because if people think this decision for a rematch is bullshit, wait until a fighter with a 1-2 record since his return to the Good MMA gets his third title shot in a row.
So even if Diaz loses a second time and Dana doesn't get the Diaz-GSP Championship immediately the fight is going to happen for the UFC.
Like I said, win-win for Uncle Dana.