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I respect the decision and it means he goes out on top. It must have been a difficult decision, but he was one of the better presidents (I see an historian pol ranking him 14th best) and I believe history will remember him even better. I wish Joe Biden all the best in retirement.
Now comes the hard part. How do we avoid him having to say “I told you so”? How do we avoid repeating the disaster of the worst ranked President in history?
Win or lose, I'm not worried about how it looks in hindsight. The way I see it is we're doing the best we can with the information we have at this time. It wasn't looking good for him.
The effects of this change will also be much bigger than this election alone. It's a jump-start in rebuilding the identity of the party into something that might actually interest voters.