The Flames were reportedly offering $1.4M as a lowball arbitration offer, while Kiprusoff's agent wanted $4M. I'd say this is fair, definately not Giguere money ($4.5M annually) and definately a good investment. If Kipper crashes & burns, he's making slightly more than Roman Turek. And now that Turek took a pay cut from $5M to $2M, we get two goalies at the price that we got Turek for.
CALGARY FLAMES: Your 2004 Western Conference Champions DVDs I Own
Tough break getting Kiprusoff in arbitration this year. With the number of goalies over the past decade who have had a short, spectacular run and then fizzled into nothing I wouldn't be too excited about that pricetag just yet. If he plays the way he did this year from here on, it's a steal. But there have been too many Jim Carey, JS Giguere, Johan Hedberg, or even Roman Turek types in recent memory to get all excited about paying 3 mil to a guy who has about 2/3 of a good season under his belt.
What it all boils down to is POINTS. Being unbeaten in four games with a 4-0-0 record is eight points. Being unbeaten in four games with a 2-0-2 record is six points. In the Flames case, wins are wins, regardless of how they are won.