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While I agree that Lewis's arsenal isn't all that overwhelming, hes got pretty decent stuff.
If Lee himself left for Japan in '08 (and busted out there instead of MLB), what kind of contract would he be getting this season?
Lewis has a crisp low 90s fastball (touches mid 90s at times), added a cutter, improved his deception, vastly improved his command, and has always had an tight effective slider (if not the break of a guy like Harang). He won't continue to run 1 BB/9s and get away with a low HR rate (since some of this is just overchallenging), but I think hes going to be pretty good.
I think he has a shot of being around as good as someone like Aaron Harang with more GB tendencies. The difference is he'll make $2.5mil a year. :-(