I am with those who are willing to cut Snyder slack. The pundits have been saying that we would be in cap hell for the last 3 or 4 years. To this point, we have only really lost one player of note - Stephen Davis. I wouldn't be surprised if some restructuring and extensions change the cap situation before 06.
Personally, I think the best cap management is the kind that keeps things tight against the limit. If you're not using it, extra cap room may as well be dead money. Cincinatti, Philly, Arizona, Minnesota - all great cap managment for the past several years. BUT only Philly has had any consistent success.
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