Pete taking Iowa from Warren (or Bernie) will hurt them big time.
But Biden not so much, as long as he doesn't show too far behind the others in both Iowa and NH.
Biden then has a significant chance of taking SC and probably Nevada, and then most of Super Tuesday. And if that happens, Biden may cruise to victory at the finish line (but not by a huge margin).
Yeah, I think a Mayor Pete win in Iowa would effectively sideline Warren immediately and then probably Bernie unless he took NH in landslide and then set up a Buttigieg vs. Biden endgame. That would probably favor Biden. Buttigieg would need to gain a lot of ground in the Southwest.