No, he wouldn't have wanted things to turn out the way they have but it's still better than the Papacy.
Better to deal with one Roman Pope than millions of individual protestant popes.
Why? I know lots of 'individual protestant popes' who have ended up converting to Orthodoxy. I am not aware of single Roman Pope who has done so in the last 900+ years.
According to Scott Hahn (formerly protestant, now neo-conservative Roman Catholic):
Upon closer examination, I found the various Orthodox churches to be hopelessly divided among themselves, similar to the Protestants, except that the Orthodox were split along the lines of ethnic nationalisms
(See the thread Something rotten in the state of ecumenism
What do you hope to convey by saying this?