You post a lot about the Wings. If Larkin was out for the remainder of the season, you would want them to patiently wait without leveraging all their assets to the fullest?

Its not cheating, its a high risk, high reward strategy, which is likely why GMs/owners haven't voted to close the loophole. Theres a solid chance they miss the playoffs. If they make it though, they'll have an absurd advantage over other teams.
Persoanlly I think the loophole should be closed, and many fans seem to agree. But the league only listens to its owners.

No point in having a salary cap then. I could see a players strike cus it looks like the cap isn't for parody but instead so that the owners don't have to pay the players more money