If he's truly waived id pick him up as injury support in a heart beat
Everyone wants the "sexy" big name players, never mind system or existing personnel. Go ask the Rangers of the 90s through mid '00s how well that worked.
Is Stars *Captain* Brendan Morrow less than he has been in years past, his game "significantly deteriorated," as Lyle Richards said today on TSH? Yes. Would he nonetheless constitute a solid 3rd line upgrade? Strong leadership? Yes. He would.
On a third line, or fourth line, or as a depth player in the post season, I would certainly take Mike Knuble.
And I'll take Jay Pandolfo as a short-term soldier over Chris Bourque any day of the week. He has experience & intelligence. Bourque had more than enough time to make his bones with the Bruins, skating with above average 3rd line talent. I wish him well, but he did not contribute, and he's not big enough.