I don't think full-on rebuild is needed, either. Sure, our roster leaves something to be desired right now. It's not that we are devoid of talent or that our talent is seeing the sand run out of the hour glass of their careers (yet), we have just added talent that does not fit the mold of the team.
It's easy to say change the character of the team, but the formula we had in 2019 (strong defense, opportune offense) works in the playoffs. It always has. How many times during the playoffs did the game announcers point out our defense was not nearly the same as it was two years prior?
Binnington is not a sieve, but he's not vintage Roy, Brodeur, Hasek, Dryden, or any other stonewall between the pipes. He can make saves that remind us of those guys, but he also gives up rebounds and needs a defense that can either collect them, keep opposing forwards away from them, or push them into harmless territory. It sounds basic, but we were not good at that this past year. We weren't good at keeping people out of prime scoring areas relatively undefended, either. In 2019, we were pretty good at those things as well as blocking shots. We need to bring back part of that.
I've said this before, but we correctly assumed we could not stand still after 2019. The problem, IMO, is we tried to get better on offense in a way that compromised our defense an equal amount or more.
If you have Vasilevski, Varlamov or vintage Price, maybe you have that luxury. But, we are more like the Avalanche, where Grubauer looks a lot more like those guys when their defense is holding up their end of the bargain, limiting shots (including blocking them) and clearing out rebounds. That is true for all but a small handful of teams.
Our offense needs to come primarily from the forwards and the defense needs to defend. That is boring during the regular season, but it looks like gold in the playoffs. The goal is to win in the playoffs, not fixate on the President's Trophy. I think that is still achievable, although if we keep adding pieces that compromise the defensive effort, it won't be forever. As it is, we have some work to do, but it is not yet at a point where you trade ROR and start over, or something similar. It is a large retool and some hope that players like Krug will mesh better next year than they did last. But, the alternative is waving the white flag, and that is no guarantee of success down the road, either.