As reported at USSM, BA, and elsewhere, the M's selected your 2007 PCL Pitcher of the Year, RA Dickey, in this year's rule 5 draft.
Dickey just signed on with the Twins, so he'd be returned to Minnesota, though he's never thrown a pitch in that organization. Instead, he'll bring his knuckler (and whatever pitch it is that he calls 'the thang') to Peoria this spring.
At this point, the M's haven't lost anyone.
The first player selected was Twins relief 'spect Tim Lahey, a converted catcher (selected by the Rays).
Other big names to move include Brian Barton, widely expected to go first or second (now a Cardinal), and Wesley Wright, a top 20-30 Dodger prospect who's now with the Astros.
FYI - the Jose Capellan selected by the Giants, is not the guy who was in the Brewers' bullpen. This is a LHP who was in the Boston org; this name thing basically broke his baseball cube page, as you can see. The lines from the Boston org are THIS capellan, the others are for the more famous one. Oh, and the Detroit Tigers are listed as an affiliate of the M's. Would that this were true.
Update [2007-12-6 12:19:1 by marc w]:One more thing: Pat Gillick continues to collect the prospects he had during his Seattle tenure. Travis Blackley was selected by the Phillies. Blackley and Doyle, together again.