It might not be anywhere near how we looked in the "good" Ole times last season but it's better than what he inherited.... unhappy players, loads of average players, overpaid, aging.
At the very least, the defence is better, the squad is thinner (admittedly should have had a couple more replacements) and some of the deadwood has been moved on/loaned out which at least sends a message.
Marginal improvement maybe but I still think a bit better. If Ole/the team can get their shit together (better formations, tactics, subs and players putting in some effort), we should challenge top.4 (low ambitions I realise) and hopefully get 2/3 more in next transfer windows.
It's going to be small steps and 2-3 years (min).