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Hefty
n3il
This is such a canard. He is MP for Islington North, Gary Glitter could get elected as Labour MP there, just as he could get elected as a Tory MP in Witney. Ken Clarke has been an MP since 1970 but that doesn't say anything about his electability as PM.
Either way it's a long time till the next election. The PLP rushed in to this because they thought Boris would be leader and he would call a general election in a few months. It doesn't look like May will do that so the PLP, and Corbyn, have a long time to see how it works out. I think Corbyn, far from being self-serving, actually would step down if he saw in a year or two that he was making no progress.
If Labour MPs want Corbyn to go because he can't win a general election I can't see how they think a split would make that better - having two Labour parties lose rather than one doesn't look like a success.