You're right. In fact, now that I think about it I'm not quite sure how that leadership transition would work out. X-Factor (current incarnation) was Madrox's idea in the first place. He built it from the ground up. Alex coming in out-of-the-blue and taking over just doesn't seem right, then again I just can't see Havok in a secondary role on an X-squad. Since Alex and Jamie are best friends, maybe Havok will be willing to accept a supporting role on this team.
@Iron_Lad said:Havok would be better off as the leader of X-Factor. I love Madrox but he's too unpredictable, and he's not that much great of a leader.
I'd have a problem with Alex quite literally dropping out of the sky and leading that team again. At least put him on a probationary period first, he could be a Skrull.