I have to say you have one strange league. Look at all those frontline starters available: Peavy, Shields, Sabathia, Hudson, etc. Plus Putz, Saito, Isring, Betancourt.
I think you have a legit team, but that probably gives you the kiss of death. Sorry. I'd think about how you want to spend the rest of the money you have on the table. I'm not sold on Gorzelanny, personally. I'd probably rather have Garland, who you could afford (I think). With three lefties in the pen, I'd prefer to have a bit more balance toward righthanders.
Of course you could also try to make a play for one of those frontline starters and re-org your bullpen (Owings and Fultz for cheapos; Schroeder for an R1 righty, or something to that affect). Riding Verlander, Hudson, Smoltz, and Wainwright with Wagner eating innings on the back-end ain't too shabby. Just something to ponder if you have too much time on your hands.
Good luck!