Not quite. They've shown clear support for Russia and China. This might seem like it doesn't matter, but it will have some consequences. If Thailand cannot condemn countries that do evil things, and even supports them, that is the reputation it will have.
Not really. In the short term, for things like military deals and tourism, it might be beneficial. But long-term, it is only going to slow Thailand's progress in terms of having a positive global presence and finding cooperation from liberal states. It's quite negative for the average citizen also.