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I don't see 2012 so much as a blunder as a year to throw the offensive (pun noted) spaghetti against the wall to see who would stick. Done knowing full well that the arms were coming but were at least 1-1.5 years away.
Get some ABs under the belts of the young hitters, find out who is a keeper and who isn't, clear some payroll deadwood, aim to be a legit contender in 2014. Being a legit contender in 2014 to me means at least a couple of the young guns getting significant (~100) MLB innings in 2013.
Next offseason we add a big bat (Stanton?) to an 88 win team and its game on!