Now that Hinata confessed her love for Naruto...

I think it won't. It might even be another Sasuke-Sakura-Naruto triangle where Naruto is like Sakura, Sakura is like Sasuke, and Hinata is like Naruto.

I love to make predictions about how certain events will effect the plot line. And here is my prediction for Naruto and Hinata. The entire series, Hinata has been twiddling her thumbs. The entire series, she's been wanting to tell Naruto how she felt so badly that (if she were a real person) it hurt. People have accepted him, but she's the only one really that looks at him and doesn't see an opponent, doesn't feel the need to insult him, and overall accepts him for who he is. I don't think that he will lose his feeling for Sakura, and Sakura definitely has his respect, but perhaps realize that she isn't quite the person for him. [SPOILER, just incase people are actually still reading this discussion and are far behind in this series]: Assuming that Hinata is still alive, I believe that a relationship will form between her and Naruto. With the readers knowing how she felt from the beginning, and being reminded the entire series, I believe that it was foreshadowing a relationship between the two of them. So, yes.

Yep. Naruto has always been a love interest for Hinata and Sakura is for Sasuke. Let's just wait till Sasuke gets back in the story and how Sasuke and Sakura will end up. Nobody knows right?