Did giving up a 1st round pick for Semyon Varlamov really hurt? I think that answer is no.
Semyon Varlamov has come on as of late. If you can score three goals, you can almost pencil in a win. He is extremely athletic, and looks to me like a more-athletic Tim Thomas. Wow. That's a huge statement. He makes flashy saves that draw crowds in like no other. Not to mention he is a perfect 6-0 in shootouts, which NHL games go to with regularity nowadays.
JS Giguere also stepped in and was the main reason the Avalanche set a record 8 wins at home in a row. He is extremely solid and prides himself on fundementals. Not as flashy, he gets the job down and his rebound control in the best in Colorado since Roy.
Not to mention the two bright prospects they have in their system. The first is Calvin Pickard. Pickard was a second round pick in 2010, and he has played fantastic for an otherwise putrid Seattle Thunderbirds WHL team. He has a 3.21 GAA and a 91.2% SV%, solid, not to mention with already 1000+ pucks shot at him.
The other is Finnish junior Sami Aitokollio. Aitokollio had 55 saves in a WJHC loss to Sweden, but shined. Are you kidding me? 55 out of 58 saves? And this is the best of junior Sweden hockey, a perennial Olympic Gold Metal contender.
No doubt the Avalanche are the deepest organization in the NHL, despite not having the elite NHL goalie like Cam Ward, Tim Thomas, or Roberto Luongo. But these goalies will all be great for this organization which is well on its way to rebuilding.