Evan Bourne is officially off the suspended list and is eligible to return to WWE after failing his second Wellness test. More importantly for Evan, he will once again collect the downside portion of his WWE paycheck after going two months without payment.
While Bourne's future in WWE looked bleak a couple months ago, there have been rumors recently linking him to the 12-man tag team match at Wrestlemania XXVIII for control of the brands. There have been sources that have said it's extremely unlikely WWE would reward him with the Wrestlemania bonus after consecutive Wellness violations, but it has been out there.
I have yet to see Bourne advertised for any future WWE shows and while the feeling was he would end up getting cut, he is available if WWE decides to bring him back.