The only thing I can add to Porky's excellent post is that I really thought Thompson would adjust this year and bring in some help via FA.
And yes, I know he still could - Woodson was a late signing the year we got him, and some good players will undoubtedly still hit the market as this maddeningly long off-season meanders on its way.
If he doesn't, though, I'll be both disappointed and concerned. Like Porky, I believe that you build up a base for your team with the draft, but once you've got that solid base you need to acquire some proven, quality players to push your program over the top. The Pats and the Steelers are two teams that do both things well, and it shows in their consistency over time.
As for my opinion on Thompson or any GM, I take it year by year, situation by situation. The fact that I agreed with the outcome of the Favre situation doesn't make me any sort of blind supporter - I thought he crapped the bed from a PR perspective and was vocal about that as well. That was then, this is now, and now I'm concerned that he may really have a problem with bringing in FA help - that would not be good, IMO.
None of this means that I'm impatient (I'll allow Porky to speak for himself). The topic is FA, and I've got opinions on the topic, same as anyone else.