I saw it. Alves was huge that fight!!! He really can cut some weight. At the weigh-ins he was commensurate to Hughes in size, but when they entered the octagon, the difference was obvious. I heard Alves cut 20lbs. Hughes ended up ditching his bread and butter, wrestling, and went to his jiujitsu by pulling guard. Alves was just too much for him to handle.
Unfortunately, Hughes is over the hill. He has one fight left on his contract and called out Serra after that fight. As for Couture, he's got legal problems with fighting contracts. He has 2 fights left in the UFC, but does not want to honor that from what I understand. I read recently that if he can't fight outside of the UFC, he's ok with not fighting at all.
UFC 85 was criticized for not having a good card, but I thought the fighters put on a great show.