I think Ted described Peggy something along the lines of "head of copy at a major ad agency and you're not even thirty yet," or something like that.
Ted Chaough has been an interesting business rival to Don. It might be fun seeing them all working together for a change.
As far as the Vega quality issue, I could see it actually being an advantage for the agency. I can see some Chevy execs discussing the car down the road: "Well, the public has figured out our car is crap. We need to launch an ad campaign to improve its image. Why don't we give it to the same agency that handled the initial product launch? Hell, even though it was junk, they still sold a shitload of them!"