I hope so. The best thing he could do in this merger is get those two douchebags thrown off the air ASAP.
I don't think Stern would care one way or the other. He already brought Bubba the Love Sponge to his station and I don't think he's threatened in any way by O&A. When they announced the deal that would put them back on terrestial radio he knocked it, arguing that their product could actually bring subscriptions to XM. In the satellite world, I don't think he considers anyone else competition, especially when they will be working for the same parent company.
He considered O&A competition when both shows worked for Infinity (Stern at what is now CBS Radio and O&A at WNEW). They weren't even in the same day-part (meaning, they weren't in direct competition and actually shared a good percentage of listeners). I might be an "O&A nerd", but if the past is any indication then Stern won't care what company you work for if he feels threatened by your success.