My biggest worry would be what happens for Rangers if this doesn't work out. Looking at the amount of staff Gerrard is taking up to Scotland with him, it gives him the best possible chance of success to be surrounded by people he trusts. If it doesn't work though, he is going to be gutting the club as the staff will likely go with him. Which makes it feel a little all or nothing.
Hope it works out if nothing else then because Scottish football desperately needs that level of competition at the top again. Until they get it, they will struggle for big TV deals, sponsorship and attracting top players like Laudrup and Larsson once more. There is just little to sell about Scottish football at the moment.