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Who'd win this fight? This is not King Hyperion.

I checked to see if this topic existed and found out that it did not.

Hyperions Stats:
http://en.wikipedia.org/wiki/Hyperion_(Supreme_Power)

Captain Atoms Stats:
http://en.wikipedia.org/wiki/Captain_Atom

Is this a bad fight?

Hyperion puts out enough energy to trigger Captain Atom's "Quantum Leap" ability, so it would most likely just jump him forward in the time-stream. Otherwise I'd give Hyper the edge physically, but Cap is a wily fighter who's not above fighting dirty.