I think they will trade Matt Morris, Steve Kline and perhaps Ray Durham at the deadline.  I think they will focus on hitting prospects in return, but I wouldn't be shocked if they received at least one pitching prospect (which I don't mind if he is the best prospect available).

I think they will make a very big move at Alex Rodriguez, although I doubt it will ultimately bear fruit.  They might take Torii Hunter as a consolation prize, or they might even have to settle for Andruw Jones.

I don't think they will bring Pedro Feliz back, possibly opening the way for Mike Lowell.  More likely to me is that they will pick up a third-base prospect in one of their trades.

Omar Vizquel will likely be gone, which should lead to the Giants trading for a shortstop prospect.  

IMO Ryan Klesko could return if the dollars aren't too high nor the contract too long.  If Klesko were re-signed for two years, he might be able to bridge the gap to Angel Villalona.

The Giants will likely search for a catching prospect, but my sense is that they won't acquire one until the winter after the 2008 season.

I think Noah Lowry will slump in the season's second half, leading the Giants to trade him over the winter if they feel fairly comfortable that Jonathan Sanchez can take his place.

I think that Tim Lincecum is right now establishing himself as the staff ace and that amazingly, Matt Cain could be traded for a really good bat in the winter after the 2008 or 2009 season.

I think the Giants will trade for another bullpen arm over the coming winter, likely dealing a player they are unable to unload at this year's trade deadline.  If not over the winter, it is possible they could also wind up trading Durham for a reliever at the 2008 deadline if Ray hasn't gone by that time.

I think the Giants would like to acquire one more big outfield bat, but that their primary trade focus will be for infield prospects for the left side of the infield.

The Giants will almost certainly get a lot younger, and the age change could be dramatic.  Assuming they sign at least two of the three first-round draft picks this season, I suspect they will deal one or more young prospects by the off-season following the one coming up for a prospect or prospect who is more major-league ready, possibly even a player already in the majors.

These are just guesses, and there is every possiblity more of these ideas won't come to pass than will indeed happen.  The next couple of years will likely be disappointing -- but they should be interesting in a way that hasn't happened with the Giants in over a decade.  Hopefully they will acquire players who whet our future appetites to offset our dismay with the present through the end of the decade.