I think FA has been a train wreck, personally. We had the most cap room in the league and an unbelievable need at safety, and there have been some REALLY cheap safety deals that we obviously could have matched. We could have signed any one of Kenny Phillips, Adrian Wilson, or Bernard Pollard for $2.5M/year or less. I personally would have also liked to see us take a run at Dashon Goldson once he got cut - his contract is pretty reasonable and he would have shored up one of the safety spots instantly.
I think going into next year with Maulauga as the starting MIKE is a disaster and as the starting SAM is only slightly less of a disaster. It's only $2.5M guaranteed, but that honestly might still be overpaying considering how terrible he was last year.
The Andre Smith contract (assuming it gets done) will be really interesting. If we get him for the same as the Pats just paid Vollmer (which we should, considering that Smith is just slightly worse than Vollmer) then I'll be pretty happy. However, given the fact that its the Bengals and they're the Pats, I bet we pay Smith $6M more, which will mean FA as a whole to me is a loss.
Somehow not resigning Smith would be such an unbelievably terrible outcome that I can't even begin to fathom it.