I don't feel like I'm a Housley defender, I just like to wait and see what happens with a bad roster as well as a good/better roster, which hasn't taken effect yet. Remember that last season they were -81 in goals scored. They were losing games by the 1st intermission, and had opponents just letting off the gas and wasting time for half a game. No HC can have a (totally) fair evaluation with a roster like last season.
This season there have been some obvious roster upgrades at W, D, and G, and a big downgrade at C. So even though the team is now (since the streak) back to a pts% similar to last season, they are still in most every game and a -4 in goals scored so far...or roughly a -8 for a full season. They're looking at a decent 20+ jump in pts, and a massive 70+ jump in goal differential. The goal improvement just isn't going to translate that well to pts though due to just how terrible the team was last season.
Those results matter too. W/L doesn't tell the whole story. Young players need to show improvement, at least as far as playing within the system, fundamentals, making the right reads and plays. After all, Housley can't control whether guys like Mittelstadt, Thompson, and Pilut are truly capable of becoming effective top-six or top-four players. It's on them to become their best if they have it in them. Housley also should be making better in-game adjustments, but a lot of what he gets criticized for now is a result of having a bunch of poor options on the bench, or trying not to overload young players in role or ice time.
With dead weights like Pominville, Okposo, Sobotka, Scandella, Beaulieu, Hunwick, and even Bogosian still considering his cap hit, there is an awful lot of room for this roster to improve just to playoff contention level. Barring a straight drop over a cliff from now to April, I'd rather give Housley next season after at least 3-4 of those dead weights are replaced with young talent.