Does Michigan still have a team?
Hey now!
Get your laughs in now, I'm (extremely) cautiously optimistic for this year, but next year... look out. I can't hate on you too much though MacDawg, we have your boy Stafford up here on the Lions. He really impressed me last year, but we need to see him make some strides this year... we've been burned before by phenom-QBs who look like they could be something one year and fail to take the necessary steps next year (ahem, Harrington).
Back to Michigan, I think they get 8 wins this year (9, if you include a bowl game win). I think RichRod finally has his kinds of players on the offensive side... and having to pick between Denard and Tate is a luxury we didn't have in 2008 (ugh, Threet/Sheridan). The defense is what I think carries them to 8-9 wins or pulls them down to 6-7 wins... we lost one of the greatest defenders in Michigan history (Brandon Graham), but have some young pieces like Craig Roh and Will Campbell. If they can get some consistent production out of the LB corps, and the secondary just holds it together long enough for the DL to wreak havoc... they could be good. Or, they could be really bad.
What it comes down to is will RichRod be given enough time to turn Michigan around? I think if he wins 7 games in the regular season and does well in the bowl game, he's back. I think that's the floor. Anything below that, I think the pressure on the new AD to bring in someone like Harbaugh (he's burned some bridges at U of M though, personally, I like that he runs his mouth... but to attack your alma mater AFTER Bo Schembechler died, that was pretty low) might get too high to ignore.
I think Michigan ends the season ranked in the Top 25. Still not up to previous expectations, but progress nonetheless.
EDIT: Les Miles is a non-starter. He is persona non grata up here for what he did to that kid this summer.