Dude, it hasn't worked. From a guy who has said not winning the Cup is a failed season his restrictive style has not produced great results recently. There are several teams with "non-control freaks" as GMs that have been much more successful(on and off the ice) over the past decade than the Devils, and that's the truth. It worked with the Devils and Nets 10 years ago, but it's not working now. It's a "what have you done for me lately" society like it or not. Gratification my ass. All I'm asking for is something different, not for him to get canned yesterday.
There's a reason why this team has a PR/public image problem, and it ain't just because of geography or the clueless Canadian media.
Who would have done a better job? True there were the bad post-lock out free agent signings, but they didn't really prevent Lou from signing anyone else who was out there that was any good. And with the exception of Nieds and Rafalski, who were going to leave anyway, all the players who weren't re-signed turned out to not be that good for their new teams or at the very least are nowhere near as good as the money they got paid on their new deals (Gomez, Martin, Gionta).
The one bad draft pick that Lou's made since the lock-out has been Tedenby. Not so much that he'll never be any good, but that the Devils were in a position to draft Eberle before they traded down (John Carlson was also available). Still, no Hugh Jessiman caliber disaster picks.