Ya, Nozdoru losing his power is the biggest freaking plot hole ever. If he can't control time, how the fuck does he turn into Murozond WHO CONTROLS FREAKING TIME?! That's not a power you can just "take backsies".

Even if he's no longer the Timeless One, he's still a bronze dragon, and they'll probably retain the powers they've always had, like being present in all time. I don't think it makes him any less likely to become Murozond, sadly.

But on the plus side, it does better explain why we were able to kill an "Aspect" with only 5 people and Nozdormu's limited aid in the End Time.

Re: Nozdormu
Maybe this is the only way he can avoid the fate he was shown when first granted his mantle as Aspect over Time, without going mad and becoming Murozond. His power over time shackled him, and it's only as a "normal" dragon that he regains control of his own fate. So all the timelines that lead to either his foreseen death or Murozond are now reduced to What-could-have-been instead of What-may-be.

On the flip side... we ARE dealing with time travel, so even though Murozond was killed in End Time, we *don't* know how long he had existed. The Nozdormu that fell into Murozond may have been THOUSANDS or TENS of thousands of years old. Murozond may have been ducking throughout time for a near-infinity! He may have insured his own creation by popping into a point in *our* future, forcing some version of his own powers into the non-Aspect, likely-more-vulnerable Nozdormu, and *THIS* is what results in Nozdormu going mad and creating the Infinites!

That's the problem about fighting as time travelers, your opponents can find out what you're going to do and prevent it from happening, but at the same time, they would have have to ensure that they would take that action regardless of what would do, otherwise you may fall into Grandfather-paradox territory and the war would be stuck in an infinite loop...

God, I love temporal mechanics.

GuyverIV:
"This is why time travel gives me nosebleeds."
- Geordie LaForge

Guyver: I think you'll like http://www.youtube.com/watch?v=Do-wDPoC6GM

I agree on reflection that Murozond is killable by 5 mortals only because he was partially de-powered, but it's entirely possible that Nozdormu becomes Murozond *not* out of fear of his End Time death, but because of his fear of a mortal death.