Normally, I don't like the second-guessing, the "I told you so, see now!" attitude, but I did see it coming.
Here were my reasoning:
1. Last year was his best year of his career and it's hard to repeat it when a player got older (35-36 years old). There are exceptions though, but exceptions are rare, no ?
2. Most of the UFA that have joined Habs have a good first season, then get worse afterwards. Ex: Gomez, Gionta, Cammalleri, Spacek.
3. Last year, his first line had plenty of ice-time and PP time. This year, the 2nd and 3rd lines are better. Cole may lose some PP time.
4. The lockout may affect his performance since he's less ready than the ones played actively in a League during those off months.
5. Cole usually starts quite slow. In the long season, his better stats at the end of season compensates the slow start. But in a short season, the better stats at the end may not compensate enough.
Being said that, I still believe that Cole will get better than what he's performing right now. However, he won't be as good as last year because of the reasons mentioned above.