I disagree with the idea that you can't have depth and youth at the same time. I think you can. Youth is often cheap, so if you spend your remaining cap dollars wisely you can have solid depth.
The problem here is we're completely wasting $18M on absolute garbage that Benning has signed (Miller's bloated contract, Weber, Bartkowski, Sbisa, Dorsett, and Prust). Add to that the combined $7M we are paying to Burrows and Higgins and that's $25M wasted on either replacement level players, or veterans who we should have cut ties with a year or two ago. And don't forget the $800k we are paying Roberto Luongo to play against us.
And this isn't even considering Sutter's contract which I still don't like (his new contract).
We certainly had the cap funds available to provide this young group with adequate depth. It was just piss poorly spent.