It's not the worst matchup for Hendo, although I can't see him KO Fedor.
His boxing [Fedor's], while not "technically" stellar, is pretty good and there is not one fight (at least I cannot remember) where he wasn't the aggressor. And Hendo needs to press forward for most of his arsenal.
What interests me is the clinch and onward. Henderson has a great TDD and is good on top of guys.
I don't think he wants to stand and trade with Fedor.
He's got a lot of decision-victories under his belt and will probably want to ride this out on top of Fedor, too.
Fedor will do his thing.
Since I don't see him finish Hendo quickly, a la Sylvia, I'm very interested how hungry he'll appear later in the fight.
Hendo is very hard to submit or KO and Fedor often had more trouble with guys lighter then him. He even mentioned this once.
Will be an interesting bout.
-edited because I'm an idiot and made a million spelling mistakes