Yeah, actually the more I've read (particularly Heyman), the more I think that the same offer was never on the table for us. Just speculating, but I bet it was something more like one of Lopez or Giolito, a Dunning-type, and maybe a long shot third piece.
It's hard to say. If that same offer was on the table, then I think there is a strong baseball argument to be made that it's very good value for Cutch, in that it could potentially yield two front-end starters, and Dunning seems like a decent, Kuhl-like depth option.
Huntington still has quite a lot of work to do, and that doesn't mean getting Derek Holland or Tyson Ross to agree to the right incentives or the right team options. He needs to be aggressively pursuing a trade with the Rays. In that respect, our fortune is somewhat reversed, because where before the pressure on the Nats and the great haul for Sale might have given us an edge in our return, now we may be poised to need to deal prospects that we don't want to to the Rays.
My tentative strategy would of course be that Glasnow, Meadows, and Bell are completely off the table. Meadows especially has to be off the table at this point, I think. If a team like the Rays wants to demand one of the other two in an Odorizzi or Smyly trade, there's not much to discuss. Maybe it would be possible if we're getting two guys, and even another bullpen or utility piece, but if our hand is forced in that way, we are almost definitely giving up the best piece in the deal, unless you are extremely high on any of the Rays pitchers, or it becomes possible to get Archer (but he would cost probably Glasnow and Meadows/Bell to start with, based on the Sale trade).
If the White Sox are indeed going to go true scorched earth, maybe some kind of deal around Quintana and Glasnow+++ isn't a horrible idea. My issue with Glasnow is not that I don't think he'll be good, but more that I don't think he'll be the type of contributor we need until later in 2018, when the window is starting to shut a little bit. If we can do a deal that gets us 4 years or so of top-level production from a Quintana or an Archer, then I think that's the best way to maximize the current core, but the catch is that it probably decimates the prospect situation, and we have no option for replacing Cutch, whether he's dealt later in the summer or next winter.