If I were the Sharks management I would try to change as little as possible, except maybe picking up a shot-blocking defensemen and a real enforcer (let Staubitz go). It was a huge mistake getting rid of Shelley. They should do their best to retain Nabokov, Marleau, Malhotra, and Nichol but it might be tough. They've got plenty of young players who played great and just need time to touch up their game a little (Demers, McGinn). For once, the entire team played with a lot of heart and it got them the the Conference Finals. I'd say the team and fans should be very proud, despite the rather embarrassing defeat.
Oh yeah, and let Frazer McLaren play a little more next year. He was the shit.