But moving from AES and SHA to RC4 and MD5 should have made a few bells go if simply because it is bad engineering and shows lack of knowledge.

If we want to move away from MD5 and RC4 we first must start deprecating their usage wherever we can. Removing suites in SSL/TLS that uses them is a pretty simple step. Moving _from_ good suites _to_ these suites is the totally wrong way to go.