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I think he rates himself too highly to go to the Championship. Nothing wrong with having confidence in yourself, but as you say, it is high risk. I think a job abroad would be a better option, but if the Palace job is there for the taking then I'm sure he'll take it. Not many feasible other...

That’s just not really true, is it? If he wants to manage in the Premier League again then there are what, 5-10 clubs absolute max that he’d have a chance at getting a job at. Palace are a stable Premier League club with a half decent squad,they would surely be one of the better options of that...