Yup, i'm on the same boat. I gave him a B. While Jacko's trying to bust bal ls about letting Papelbon go, i think it was a good move. That would have been a stupid, stupid contract and we got a suitable replacement. Not bringing back Wakefield or Varitek, and doing it without it becoming a sideshow is a plus, as was the Ross signing, and i really like Padilla, and think he will contribute (crazy aside). He built "depth" (what we got is the definition of depth), and the club is in a position where if things break right, they will be successful, and if they don't, one or two in-season moves could fix whatever is ailing them.
The Scutaro move was the breaking point for me, and that's why no higher grade was given. It makes no sense.
The Ortiz thing has a lot of conjecture and reaching to it. They needed to keep him, or that was a big hole to fill, but they should have gone to battle in arbitration and give him essentially the same salary.
If they are really over the salary cap though without the possibility of getting below it mid-season and don't reinforce as needed, my grade changes to a C.