From a team perspective its pretty important, yes. When trying to predict a pitcher's performance going forward it is much less important. Guys who routinely allow a lot of baserunners and keep low ERA are pretty rare. It's too bad he hasn't gotten a lot of run support but I don't feel particularly bad for him because he hasn't been particularly good over that stretch, just lucky, and since the injury he has been downright bad.
Point is twofold -
1. Feel bad for PV not Floyd
2. DL Floyd.