I'd say they're "penny-wise, pound-foolish," but with Adam Eaton's contract (as well as others), it's more that they're "penny-dumb, pound-foolish."

     I think everyone needs to take a deep breath and calm down.  Instead of harping on some ST negatives, lets take a look at our considerable positives.  The Phillies scored the second most runs in all of major league baseball last season.  The '07 offense returns relatively intact.  We lost a good bit of offense from Rowand, however, I feel the Jenkins/Werth platoon will essentially make the entire situation a wash.  The only position where we got below league average production last year was third base, and I do not see that situation being any worst (impossible, right?).  Finally, the biggest positive is that we are returning Burell, Victorino, Rollins, Howard, Utley and Ruiz; all of which are entering their primes.  Another happy note, Howard, Utley and Victorino all missed large portions of the '07 seasons, hopefully that will not happen again.  
     Our defense is not great, but is certainly not poor.  I would say 4/5 of our infield is well above average defensively, while we have only one defensive star in the outfield, luckily in center.   Another good sign, we are very strong up the middle.  The defense of Ruiz, Rollins, Utley and Victorino is pretty darn good.  In fact, I can't remember the last time we were stronger up the gut.  
     The pitching.  Oh, the pitching.  Lets see if I can find some positives.  We have one of the greatest young pitching stars in the game to anchor our rotation (forget about opening day this and opening day that), and he is a lefty too in Hamels.  Following Hamels is Myers, who in his last two seasons as a starter ('05 and '06) pitched a combined 413.3 innings with a 3.81 era and 397 strikeouts.  Our one-two punch may not be the most dangerous in the league, but it is certainly formidable.  Following Hamels and Myers is Moyer.  Moyer has posted era's of 3.27, 5.21, 4.28, 4.3 and 5.01 in his last 5 seaons.  His lowest innings pitched in those 5 years is 199.3.  Everybody is taking the pessimistic view with Moyer saying he is too old, he will fall off of a cliff, he can't make it through the entire year...  Really?  I ask why.  He has never been dependent on his "stuff", so why should his age matter?  Has he ever shown a glimpse of breaking down or being injured?  No.  I say the Philadelphia native is good for another 200 innings of sub-5 era production.  The final two spots in our rotation do not look pretty, do not get me wrong.  But, instead of seeing what could go wrong, lets look at what could go right.  Why can't Kendrick duplicate his success from '07 (I am very pessimistic about this one)?  Why can't Eaton pitch to his career averages?  Why can't Carrasco/Outman/Happ/Carpenter/Savery catch lightning in a bottle and be this years staff savior (I am most excited about Happ)?  Finally, why can't Benson return in May and be a fantastic number 5 in our rotation?  Our bullpen looks shaky but it could turn out to be pretty good.  I do not see why Lidge isn't a premier closer in this league, I fully expect him to be.  Also, with Romero, Madson and Flash as the setup men, I don't see any reason why the Phillies can't shut the door on opponents when Charlie turns the ball over to the 'pen with a lead.  
    Everyone is harping on the negatives, I just feel like by doing so, people are forgetting our many positives.  Sure, the Mets and the Braves look good from a distance.  But up close, both of our division rivals have as many warts and blemishes as we do.  The Mets are compiled of men who are about to go on social security as soon as the season ends, and yet we are the ones worrying about injuries?  And the Braves, yeah they look pretty good, and I have said in the past not to sleep on them, but lets have a look see at their blemishes.  This is a team that has lost Jones, Renteria and numerous bullpen arms to trades/free agency/injury, added Tom Glavine (maybe it is just me, but I was happy when the Phils got to face Glavine last year) and are depending on Chipper and Mike Hampton to be injury free and effective!  Please, give me a break.  Am I afraid of either of those teams?  No way in hell.  This isn't to say I think the Phils are the favorites, but neither are the Mets or Braves.  Let's quit worrying and play some ball...