Alrighty then...so I guess from the past few days we've seen the following points being debated...
1. Some other teams during the Hendry era, despite not making it as far in the postseason (or getting there at all) were better than the 2003 team. While you can certainly make an argument for any number of those non-2003 teams, the fact remains that the 2003 team almost sealed the deal while the others didn't get as close. That stuff matters. Hendry gets a point, however, for getting the team in contention about half the time and actually making it to the playoffs. Concede that he had financial advantages that were not used appropriately.
2. Hendry was bad at free agent signings. That's not debatable given what we saw with what's become of Soriano, Aaron Miles, Milton Bradley, John Grabow etc. Marlon Byrd outperformed his contract (depending on whether you believe in WAR$ or not) and wasn't paid to be a superstar. The Lee, Ramirez, Dempster and Zambrano signings are open for debate as to how good they were, but for most of those contracts they produced to what they were paid, again depending on your views on WAR and WAR$.
3. Scouting...even though the prospects didn't pan out, they eventually became trade fodder that netted us guys like Ramirez, Derrek Lee, and Matt Garza. The organization did not spend a lot of time building up the farm which allowed it to basically fall into disarray after the first half of Hendry's GM tenure.
Verdict...some good, a lot bad, but three playoffs in the past decade = best GM in recent memory = tallest midget award.