NEELY you're being a bit one-sided in this argument. You're basically saying that if you don't re-sign Michalek then you're also not re-signing Hemsky (no-one said that) and then you lose Ryan and MacArthur so Stone has to score 25-35 goals. Looks like you dragged that argument to the top of the hill and then just let it fly from there.
All anyone is saying (and, to be clear, I have not thrown my hat into either ring yet) is that they are leery (or outright against) re-signing Michalek given how he played. Hoffman, if given those top-six and PP minutes, would likely have produced the same or better numbers, as would Stone or Da Costa (not sure I agree on this one).
That's very possibly true. In any case, Michalek used to be good for 25-30+ goals per year and he is nowhere near that. We are certainly missing that production and it needs to be replaced. Are *you* sure that Michalek is the one to replace it? While I doubt that Hoffman or Stone will replace that production in their first full season, I don't think Michalek would, either. So if you're keeping him around to provide secondary or even tertiary scoring you better not pay him anything north of $2.5M.
So if you don't re-sign him, then what? Well, you could try for a UFA or even an RFA. Or trade for a pending free agent given how many players we have ready for that one-way.