Skeletor: A great Leader?

So, we know the story: Keldor gets banished from Eternos, makes an alliance with people from various groups to form his crew and becomes a thorn on Randor's side... One Acid Facial and a Faustian Pact with Hordak and Keldor is now Skeletor. He gets an even bigger group of people from various ethnic groups and species to do one of two things: take Eternos, or Castle Grayskull... Depends on his mood. The Thing is. Does Skeletor have what it takes to Rule Eternia?

Before you say the Obvious No he doesn't because He-Man and the Heroic warriors are what stop him; consider this:

I'm not talking about him being evil and He-Man being good and since this is a boy's action figure toyline, Good wins by default. I am talking about the Man's qualifications. Let's ignore that he is the Self-Proclaimed "Overlord of Evil"... I will use info from all previous canons, since the current MOTU Canon (MOTU: Classics) is a hodgepodge of previous canons. Also, this is mostly fan-speculation with a little hyperbole for comedic purposes.

Let's start with his Magical Prowess, both traditional magic and potion work (is this Alchemy?)
Keldor is well versed in the Dark arts and his power was increased after the pact with Hordak (Demo-Merger in MOTUC).

Keldor is proficient in combat and was able to keep toe to toe fighting Randor. As Skeletor he can battle He-Man and keeps up with THE MOST Powerful Man in the Universe.

On the Other Hand, Randor is simply a Warrior. Keldor/Skeletor is a Warrior + a Mage... That's like TWO for the Price of one!

Randor's team consists mostly of white Human Males...
There's an Avion,a Qadian, an Andreenid, a Thenurian, A Trollan and the Caligar Leader in the mix.
Keldor/Skeletor has:
a Beastman
The Ape Lord
The leader of the Mermen
The Brother of the Caligar Leader
A Karikoni warior.
The Last Arachna Warrior
A Snakeman
An Asian Man
An Asian Ninja (May be a Demon)
2 White Men (blade and Triklops)
A Lizard Man (Saurod)
3 Giants
A Middle Eastern Mage
A Yellow Witch
A Robot copy of He-Man
2 Mutant Bounty Hunters Or one Two Bad
A Mutated Pelleezean (spelling?)
An Iceman
A Weird Vampire
2 Cyborgs (Trap Jaw and Strong-Or)
An Urchin dude
The Plant World's Devil
and many others like Monteeg or Tataran and his Goblin Army. I'm not counting the Mutant Army from the Tri-Solar Galaxy.

While Randor and He-Man have their "White Power" team, Keldor/Skeletor has all the "misfits" and "unwanted elements" of society rallying under his banner. Skeletor has the most diverse team. Something that is reserved for the good guys.

Look at GI Joe. Cobra is mostly White Men and Robots. The Joes have whites, blacks, Hispanics, Asians.

Captain Planet: The Planeteers are basically a Multi-Ethinc Group. The Eco-Villains are ALL WHITE... Those less human looking are Gingers, therefore WHITE!!

Back on the main topic. Why having a "Multi-Ethinc" group is important for being a leader?
Simple Keldor/Skeletor rallied all of these people under his group. Basically giving a voice for the Little Guy. The same folks that were forsaken by Randor when he had the Mystic Wall erected. Those people left to die in the Dark Hemisphere for 16+ years found a voice in Skeletor.

Not only that but Skeletor keeps control of Snake Mountain and its inhabitants without the amount of resources that Randor has accessible.

Keldor was groomed into Leadership before the banishment. Racism against his blue skin aside, he STILL IS Miro's firstborn son. Usually, the firstborn son is groomed to be the heir. The second child and beyond, get SOME training, but they can only hope to be General or something.

Not only Keldor had the Royal Training of The Eternos Court, but he had to Fight Tooth and Nail to reach the top of the Food Chain on the Dark Hemisphere after his Banishment. Dealing with the rogues and treacherous folks who only understand Might is Right. While some could say that the Acid Incident warped Keldor, I disagree. The Incident only augmented his Ambitions. (and ruthlessness...)

With the Horde Threat looming, Keldor looks for the solution to this problem, Grayskull.
Again, Keldor/Skeletor is trying to be a few steps ahead of the game to protect HIS Planet from the invading Horde. Not to mention the Snakemen infestation and other "arcane evils released by Evil Lyn's treachery". (This behavior is mostly based on the Dark Hemisphere's "Survival of the Fittest" way of life. Not to mention that after He Kills Hordak, he goes to space to defeat the Horde once and for all.

The thing is that Keldor/Skeletor is a force to be reckoned with. He took control of the lawless zone that is the Dark Hemisphere. It takes a He-Man to keep him in check. Ignoring the Overlord of Evil thing, Keldor/Skeletor has all the makings of a Powerful Leader.

Would he make a GREAT Leader? Now THAT is a tougher question.
He took control of the Dark Hemisphere, but there are traitors among his troops (Kronis, Evil Lyn come to mind)
His method of ruling with an Iron Fist will not work well on the Light Hemisphere. A more Diplomatic approach would not work due to the Racism in Eternia and the fact that History has painted Randor as a Hero, while Keldor is just a despotic murderer. It's hard to erase about 20 years of History. Not to mention the history of distrust towards the Gar.  In other words, Eternia would not accept him as leader... Even if he was the Destroyer of Hordak.

I mean Look at the Horde. They rule many Planets with an Iron grip on them, but Etheria is pretty much Half Free.
Bright Moon, Mystacor, and the Kingdom of Snows are three Rebel ruled Kingdoms.

Basically HALF The Planet is in the Rebellion's Hands.
With all that power and nearly unlimited Resources, Hordak is unable to stop a bunch of girls who love Aerobics and spend most of their free time having sleepovers and talking about a VERY Heterosexual Archer... cause he is NOT GAY... Mattel made sure to point out his Absolute Heterosexuality on his Bio...

Basically every leader will have people that want to overthrow him/her. Even the so called "benevolent" leaders like Randor have a bunch of people (most of them from the Dark Hemisphere) who want to take him down.

So, to answer the original question: Is Skeletor a great Leader?
Yes and No.

While yes, he has the qualifications for a position in Leadership and the experience, I don't think Skeletor is fit to Rule Eternia.

While from a Military point of view, a Great Strategist, Warrior AND Mage would be better suited for the position; his own ambitions would be the end of him. Then again, the whole Overlord of Evil bit doesn't help with the people of the Light Hemisphere. Not to mention the whole Skull face thing Plus blue Skin...

Now Had Keldor not being Banished, would he have been a great Leader?
That would be purely speculation since there has not been a "What if?" or an "Elseworlds" story where Keldor rules Eternos. With that said, I believe he would have been a great Leader IF HE HADN'T BEEN BANISHED.

Things like this is why I wish Mattel would spend more time and resources in ESTABLISHING THE UNIVERSE. Perhaps releasing a guide that explained the canon and established the characters' abilities beyond the action features of the Original toys.