According to Mike Colligan of Forbes, the Flames may be adopting more advanced statistical techniques in their player evaluation with the hiring of Chris Snow. Apparently this won't get in the way of trading draft picks for goons though.
The trade for PL3 (Pierre-Luc Letourneau-Leblond) seems a bit shady, but the signing of Max Reinhart appears to be a nice step in the right direction.
Corey Pronman took a look at the Flames top prospects at Hockey Prospectus.
This is a fantastic post by Scott Reynolds at Copper n' Blue summarizing the Flames off-season so far.