So if Branch comes back, it needs to be on the Pats terms. If the Pats cave and the result is Branch made money by holding out, it can set up a precedent for the future.
However, I do not see that happening. I actually see the opposite. I think Branch gets no viable offers, and reports on or before 9/2 playing under his current deal, and the sides work out a renegotiation sometime early in the season. The deal will be almost exactly what has been reported in the media.
Branch is seen to have gained nothing from holding out, the Pats give him market value, and are seen to have been offering fair $$ all along.
Branch returns to a team where the players chastise him for staying away, and set an example of how this impacts the TEAM approach.
The alternative is that the Pats hold their ground, and go play with the guys who want to be here for the right reasons.
At this point, I would certainly prefer it to be WITH Branch, and I still doubt this will go beyond the weekend, but if the decision by the decision makers that have built this dynasty is that it is better for this football team to let Branch sit at home, or trade him somewhere I am fine with that.
We will not lose games because Tom Brady cant find someone to catch his passes. We may win more because the guy he finds is Branch.