Meh, I see it turning into something of a gang-bang if it happens. Melhed doesn't really have any friends that I am aware of, whereas Thalmarkin is lousy with them. That's what Melhed gets for fence-sitting so often. Not to mention managing to piss off both sides of the Fronen vs. Everybody Else war prior to the fifth invasion, which is a real accomplishment.
As do I. Really feels like Melhed will make the first moves, and will be severely punished for it.