I think that this is an opportunity for Walt and the Reds. While the bigger market teams are busy out bidding themselves on the Manny's, Sabathia's, Tex's, etc. the Reds should look one tier lower and make competitive offers to players that wouldn't superstars but would certainly improve the team. Milton Bradley and Juan Rivera come to mind. Make solid offers to them now before the big dogs start to scramble and overpay for guys because the top free agents are gone.
Also they need to explore trades that may not be sexy but would help the team. I really hope Walt is looking under every rock this offseason.