Doesn't change how it is regarded in the community. In my opinion it is one of the lesser TNG outings because of the hype and the Borg. They took on more of a persona as the two parter went on and 8472 was definitely a villain, not just antagonistic towards the heroes. I disagree with this read entirely but that's just my view. Madred is definitely defeated, at least to me. I guess so, but that doesn't make him less of a villain in the course of the episode, even if he is a reluctant one at that. Again, the beauty of Trek is the ability to have villains and invariably have the potential of making the allies, at the very least. It's not a requirement, per se, but it isn't a bad thing with Trek either.