I doubt he will go for it and then if he does really doubt he could get it.
7:24.90 is the time to beat and only twice has that time been bettered outdoors (Komen's 7:20 and El G's 7:23) ... although there have been a few low-7:25s.
I wonder how his indoor record holds up compared to the outdoor? Outdoors he broke Morceli's mark by nearly 4.5 seconds and since no one has gotten closer than 2+ seconds.
Indoors he broke Geb's mark by 1.25 seconds and since no one has been within almost 2 seconds (Geb with 7:26.80 the next year).
Bekele never even broke 7:30 indoors (although his 8:04 2-mile was worth it I'd think).
Alamirew did run 7:27.8 a few years back, so if in best form you'd think Farah could at least better that by a bit ... but 7:24 is a long ways still.
I was interested to see the progression of the indoor record ... as far as I could tell Kiptanui ran 7:35 in '95, then Geb 7:30 in '96, Geb again with a 7:26 in '98, then Komen the 7:24 in '98 (just 11 days later)
Also Komen ran 7:27.93 on 1 Feb, the WR on 6 Feb, then a 12:51 (also a WR at the time) on 19 Feb ... amazing.