I agree with this for the most part. A rebuild isn't going to work because there aren't enough movable pieces to bring enough back. Trading Aybar & Kendrick brings something back but it also ensures we do not compete for years. We are stuck with paying for Pujols and Hamilton either way.
This team had the highest WAR in baseball from the position players last season, we could be just as good this year if Pujols and Hamilton were hitting anywhere near where they should be. The pitching is going to suck no matter what BUT Weaver, Wilson and Vargas are good enough to keep us in games, and while the pen is terribad history tells us that they usually aren't deal breakers for most team (worth maybe 3-4 wins between the best and worst teams in a season).
The big problem is Vargas is a FA at years end AND we need to bring in at least one more very good starting pitcher in addition to him to really start expecting this team to do well.
The issues facing this team are a lack of depth (exposed by injuries), and complete let downs by Pujols, Hamilton and Blanton. If we can get healthy, get Pujol's & Hamilton playing well, and replace the production we expected to get from Blanton this team will compete. The question is if they can do all of that. I have my doubts but it is likely a better option to go for than a weak rebuilding phase that ensures mediocre seasons for the next few years.