Well, it seems as though Philip Hughes will be out for 4-6 weeks. Not good for those of us who were relying on him in the back end of our fantasy rotations. If you have an open DL spot, put him there. If you don't, but can afford sitting him on your bench, do it. Otherwise its a case by case basis, depending on the size of your league, the type of league, your other pitchers, and a few other factors. Email if you'd like my opinion on what you should do with him.
Better news, though, is that Russ Ortiz gave up 8 runs in 3.1 IP last night. This is exactly the type of performance that will force the Giants to bring up Tim Lincecum. If you need pitching and he is still on your Waiver Wire, make sure you grab him now. It should only be a matter of weeks (and possibly... hopefully... less) before we see his Big League debut.