I really think he could do nothing but add positives to the Pens' blueline.
I think he'd be a great addition, the smaller ice surface would give him less room to have to cover and it would also make hitting easier for him.
Malenkykh is a strange case, he comes and goes without a peep as to why. He's had chronic injury problems and drops off the map once or twice a year.
However, he was on the top defensive pairing for Togliatti for 2 straight years on a team that was setting league, and near NHL records for consecutive shutouts with Jiri Trvai in goal.
Malenkykh would be a smart addition, he's played with Evgeni Malkin for an entire year now and those two together could possible ease the transition period.
With this roster, Malenkykh could in all likleyhood step right into the first or second pairing with no problem at all.
It's just a question of whether or not CP has given up hope and whether or not he even realizes the kid is still playing hockey.