Why give less to Lee? Honestly, there should be more than enough in the budget to get both Lee and Soriano. Unless this stuff about Phase II is total bullcrap. Getting Soriano should have nothing to do with with the 1B situation.
Also, I think we could sign Soriano and trade one or more of the current bullpen guys without necessarily bringing anyone else in. The rule 5 guy, the Willingham trade guy, and Carr/Kimball should be able to give us close the same level of performance. Those guys plus Soriano is probably a net plus for the bullpen from last year.