Roberto Luongo's Contract Extension: Good or Bad for Canucks?

Nucks IceManCorrespondent IJune 26, 2009

VANCOUVER, CANADA - APRIL 7: Roberto Luongo #1 of the Vancouver Canucks makes a save in warm-ups prior to the start of their game against the Calgary Flames at General Motors Place April 7, 2009 in Vancouver, Canada.   (Photo by Nick Didlick/Getty Images)

It has been reported by TEAM 1040 in Vancouver that Roberto Luongo has signed a contract extension, which will not be confirmed until July 1.

Although the contract amount is not known, is this a good idea to lock in a goaltender that has not got them any further then the second round of the playoffs?

Just what is everyone excited about? 

This guy has not won any major goal tending awards, plays on a team that has been reported as having (last season) one of the top five defenses in the NHL, and yet he struggles to take them to the promised land.

To compare him to Martin Brodeur, is disrespectful, yet sports people group him in that top five repeatedly.

Will his contract hinder the Canucks from going after a couple of top six forwards?

Does this mean that Cory Schneider becomes trade bait to pull off a block buster deal?

On a further note, Mike Gillis was quoted yesterday by the Vancovuer media, that if the Sedins do not get signed by July 1, then it would be very difficult to get done, and the 'Nucks would have to go in a different direction.

I say let's go in a different direction.  What say you?