Rockwell Collins is going to replace the P2 with a button that will put your aeroplane the right way up if you don't know what that is:
If a pilot has lost situational awareness by definition he has lost the presence of mind to press a button. If he comprehends enough about the situation to press a button to save the aircraft he truly hasn't lost situational awareness. At least he hasn't lost it completely.
To me, it sounds like the type of 'idiot button'. The type of thing a person would use when they comprehend the situation quite well but they don't have a clue as to have to fix it.