The way I see the thing sk is that he STILL can save you a lot of games. Most of them, actually. That's all that matters to me. This is why SV% & IPs are the metrics I care when I want to choose a closer, mostly after 11 Y of service. I don't care if he saves you most of the times with a low K/9. I don't care if he saves you most of the times with 65 mph pitches. I don't care if he saves you most of the times with a "high" ERA/FIP/SIERA. I don't even care if he saves you with a "low" WAR numbers..... and still some of these and other stats are really great in the last couple of years.
BL, I don't care what a closer has to do in order to save a game as long he gets the job done. Period. This is why you pay closers: Save games, regardless how they do it, and this is why closers are special and different to other relievers to me. For example, Look at Taz, he is a great reliever, but he can't close. Papelbon is still one of the best regarding this matter, saving games.
In the last two years his SV% are even above his career average and still pitching a lot of innings. Again, consistency and durability.
Sk, The question should be: How many closers can post you 65+ SVs with a SV% above 92%? Pap has recently proven that he still can do it. How long is he going to last at this level? IDK, but 3 years ago a lot of people said that he was finished, and look at him, he's like the good wines.