Dawn, I have to admit that I'd be leaning in that direction too. I'm not a big fan of profiles that are somewhat meaningless. The "father of" or "mother of" profiles that don't contain any sources or otherwise useful data seem to do little more than take up space and serve no purpose.
I'd be sorely tempted that the next profile you need to create you just redo the data and he'll become a useful profile in the tree. I know that's not necessarily the best way to do it ( the change log will forevermore reflect his original data), but the only other way to do it without retaining data (merging him into another profile) would be the only other thing I can think to do with him.