Well, apparently it looks like we may have more room to work w/ potentially than we originally thought. This is fantastic.

here's what  nyjetscap.com had to say about the cuts.

The Jets were clearly very active Monday night and began the purging of the roster as they gear up for the 2011 season, whenever it may be, and the free agents they need to sign. Some of the moves, such as the release of RT Damien Woody, seemed a bit shortsighted since they had no payments due until deep in the 2011 season, but I have been told that the NFL is accelerating all money of players into the 2010 league year and no dead money will be carried into 2011. Just like everything that I put on the site I will not say with 100% certainty that is the case, but considering the timing of these moves it seems like a logical assumption and the one I will be going with until told otherwise.

Click the link to read more.