Apparently some of these new wave stats are pretty useless then. Seriously, lumping in Janssen with the others is foolish anyways. The guy has been an effective pitcher for many years. And please, the cast off reliever for closers plan was tried VERY RECENTLY. It was Gregg/Francisco and the gang, and the team, despite having stronger starting pitching , was a .500 team as well. The fact the "closers" blew around 9 games in the 9th inning in the first two months of the season was pretty much the reason they were out of contention. So we don't have to speculate what this kind of plan might look like, we've already seen it very recently.
The closer is one of the most important guys on the team. He may have watered down impact on a bad team, but you can almost never be a playoff team without a good one. Any reasonable plan involves contending in 2014. Anyone here who thinks the Jays need to rebuild now from scratch is absurd.