When you break it all down, Moyes begins to make more and more sense. I'm not saying he would have been my first choice, but I can see the logic in Moyes being the first choice.
No candidate would have been perfect for the job, so it's a question of what tradeoffs are you willing to make. Moyes does not have the pedigree of Jose and it remains to be seen whether he can attract the big names we all want to see come to OT every summer, but he has produced an attractive football product at Everton on a fairly modest budget. Perhaps equally important, there's something old school about him, a British manager who doesn't pose for the cameras or make excuses for poor performance or in any way elevates himself above the club. He calls it like he sees it. He's a Scot who probably has no problem eating haggis, emptying his own trash can and wouldn't dream of framing his own portait and hanging it in the living room of his mansion.
Give the man a chance. We're taking a risk by going with him, no doubt about it, but aren't all great things in life accomplished by taking risks?