Oh, come on, Floyd is cool. He delivered one of my all-time favourite Muppet Show lines in the Kaye Ballard episode about the band going on strike: "If I didn't know I was such a genius, I wouldn't listen to the trash I write."
Floyd epitomizes the old comedic maxim that sometimes it's all in the delivery, like the Muppet Show episode where he tells Miss Piggy "Your Feet's Too Big!" because that's the title of the next production number and she's been struggling with her shoes for the previous minute or so.
It's a silly line, but for some reason it works coming out of Floyd's mouth. Kind of like the recent interview clip for The Muppets with him and Janice, where he answers the question "What's the movie about?" with the predictable line "About an hour and a half" and it's still funny because it's Floyd saying it. Even the follow-up, "You see what I did there?" wouldn't work quite as well with another character.
I'm personally thrilled that Matt Vogel seems to have Jerry Nelson's vibe with Floyd these days (in The Muppets, on A Red and Green Christmas - LOVE "The Man With The Bag"! - and in some of the virals and other projects).
Anyway, this is a roundabout way of agreeing that we need more Floyd merchandise. I'd be happy to see the whole Electric Mayhem in plushes, actually.