4-4 makes the most sense, but I guess I am just really high on Pageau. If we could make a minor side deal to lose Smith instead of Pageau, I could live with it.
I wouldn't want to lose Smith either, but Methot is more valuable than Smith, and let's be real Smith or Pageau are who they are either taking or themselves or flipping.
If we go 7-3-1 without trading Phaneuf or Methot, I'd hope that would mean that the market was so crappy for both of them, that it will lower the odds of Vegas selecting Methot to flip, and maybe open up an opportunity for us to make a cheaper side deal to keep Methot.
It's looking more and more like we'll lose Methot for nothing (well technically to shield our second best exposed player...but there's a huge drop off in value between Methot and Claesson or Wideman). A deal could have still been made prior to the deadline and has just not been announced yet.
Edit: There's been some claims by other posters that RFAs rights cannot be taken by Vegas, and they have to AGREE to sign during the signing period or else Vegas cannot select them. This doesn't make sense to me, but if this is the case, 4-4 is a no brainer because there's a good chance Pageau won't sign with Vegas, he clearly wants to stay in Ottawa. Losing Smith would suck, but Methot is more important. If this is in fact the case, 4-4 should be an EASY choice.