I don't think there is true good and bad in the Fringiverse, just power and survival.
My theory is that both dimensions and their coming war is being manipulated and controlled by the Observer. Or not him directly, I believe in the Observer is an employee. Of whom, I do not know.
But also remember that Walter, while damaged, is still a genius. It does not sound like a genius to take a side solely out of gratitude - he is a calculating man. More likely, the prospects for Walter working for forces with less regard for human life and rights could be illustrated by Alterwalter (we better hold on to that name), not the one we've come to know.
Also, I think it's important to note that a major part of Walter's role is to be the comedic character - could he do this from a 'darker' role? Maybe. But likely not.



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Thanks for the answer.
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