If you are right, and I think you mostly are, that would put his adjusted OPS at about .740 based on some rough math. That's a pretty different picture thst mskes his 2011 look a lot like his 2010 including a roughly .315 OBP and a roughly .425 SLG.
I wonder if he's been in demand on the trade market. Seems like a sell high candidate to me. A different GM might take advantage of that. Of course in Cincy not much will happen.