Well... considering:
Since I've been with D* (for over 2 years) I haven't seen any programming disputes like this before, leading me to believe that D* is usually fair when it comes to programming deals, unlike E* which seems to frequently have disputes...
ALL Cable companies that own sporting networks are basically d*cks about it, ESPECIALLY when it comes to making deals with Satellite companies. For example, I don't understand why I live in New England yet Comcast Sports New England is not part of my local RSN deal. And no, I'm not going to pay extra for the Sports Package when I wouldn't even be able to watch NBA games on it. It doesn't make sense that I can watch the Nets and Knicks games but I can't watch Celtics games.
Versus is in NO position to request extra money for it's programming. Unless you're a die-hard NHL or MMA fan or just love watching infomercials, you probably wouldn't even notice if Versus was removed.
Given all that, I'm on D*'s side in this thing. That doesn't mean that I think that D* is a shining star and deserves NO blame whatsoever, but unless some other major facts come out of this to the contrary, I don't see myself siding with a fledgling network owned by a cable company.