In addition to Browna's fine summary above, I'd just like to add my .02 on how spectacular it is to see Lowe providing continuity in that craphole of an organization.
After 2006, and a run to the cup with Pronger eating 30 minutes a game and Roloson playing lights-out, Lowe believed he didn't need to replace those 30 minutes of superstar DMan, instead opting for a return of 30-goal scorer Joffrey Lupul.
The 2007 Oilers then featured a first pairing of Jason Smith and Steve Staios and - despite being billed as the team to beat the Bruins' record of twenty goal scorers (only in Edmonton of course) - was completely unable to ever exit their own zone. Ever. Worth mentioning that Lupul was not Lowe's first choice, as he initially tried to undue his earlier misstep in the Comrie fiasco in rejecting Perry.
Throughout the late "noughts", the Oilers bumbled from one bad decision to another, laying all of the groundwork for the beautiful product they have today. They signed Nylander - and announced it - only to find out that, well, they didn't. Then they signed Heatley - just two years later - and announced it - only to find out that Heatley was serious about that NMC that I'm almost positive had Edmonton bolded in it. They did make a NMC-busting DVD about Edmonton to give him though.
They got Dustin Penner through an offersheet. Why Dustin Penner? No one knows. He had a spectacular career after that. They offer-sheeted Vanek, too, of course for way too much money. Pitkanen was hyped as a #1 DMan: he turned into something special. They ruined Souray's career by playing him with a bum shoulder in 2008.
Amazingly, in all of these tales of woe, they never once made the right decision under Lowe (rhyme-time!) - imagine if the Oilers did get Vanek, Nylander, and Heatley? They might have been even worse. That would've been the highest paid and most pathetic trio of forwards ever to lace them up. I know, I know - they would never have gotten all three - but just imagine if they did? They dodged bullets they shot right at their own feet, only to remove their boots, reload several times, and fire again.
Gagner and Cogliano were also superstars in and around this time, the second comings of Mess and Gretz. Don't know what happened, exactly...
I am so happy that Lowe is still hanging around up there.
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