Both if we plan on becoming a contender some time soon. I know the answer seems like an easy out but Leafs desperately need another Sundin and Cujo/Belfour to really catapult them into a playoff spot and really make some noise.
you can have a horrible team if you have solid goaltending your going to compete. Look at Calgary, with a horrible roster Kipper stands on his head and keeps them competitive... that team should have been last place the last 2 seasons.
If the leafs trade for luongo (and i'm not even interested in that discussion anymore) than this team is almost a lock for the playoffs. If you look at the top 10 goalies in the NHL - all their teams are in the playoffs other than Montreal/Calgary