Wow, that's really cheap! If it's one buck I won't vote for no
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As for your angel love, it definitely will revive! With an labeled plant, you know what you are saving, that gives you motivation. With an NOID however, it's a gamble. As I have said that one reason it was not sold maybe it was not that pretty, the other maybe that it was just too expensive at first. I bought a NOID catt at a local greenhouse for 5 dollars, while all the catts sold there with flower on it are at least $40. I'm really lucky that the new growth have a sheath on it so I'll see the flower in a short time. However I'm not really expecting it to be stunning since all the ones I got an eye on were bought regardless of the high price.
From the picture of your phal, it looks more like a keiki to me but I am no expert...If it is a spike, here's what happened to my phal with an emerging spike while transplanting to S/H (I should be clear that the spike appeared after the flowering period, so it was "off-season" anyway). The spike never grew and rotted...The plant is OK though. Another interesting thing on your phal is that, I've never seen a spike growing from the crown before! But from the picture, the old cut flower spike is from the top of the growth? That is new to me...