2nd, 3rd, 4th it's all the same when you don't compete for the trophies! Personally I think he hasn't done a good job for a long time, I always maintained his flaws, persistence with failing methods and refusal to do the right things hindered us and I stand by that. As for signing players, he's signed 2 players (3 if you include Cech though he was cheap and not one to build a team with IMO) hardly groundbreaking, he should have done a lot more of that and had the chance, last summer being a prime example, he signed some nobodies for a lot of money who just haven't worked out (he should have gone for targets earlier in the summer not waiting around until late on when prices would be higher and choice scarce, poor management IMO).
I totally disagree, he is satisfied with being 2nd best, that's part of the reason we are where we are, he won't do the necessary and go out on a limb to try and make us winners, he's all too happy qualifying for the CL, that's the holy grail for him, that and making a profit, you saying he isn't satisfied doesn't make it so, evidence point to the fact he is, he wouldn't have hailed qualifying for the CL as such a great achievement otherwise, he epitomises the losers mentality IMO and that runs throughout the club which is sad and will take time to change for any new manager.
Like it or not he's won 2 FA Cups in what 12 years, that's a pretty poor return, time after time he's failed but what's worse is his attitude, it asbolutely shocking that a manager could behave like this towards the fans and be so much in denial and frankly it's unacceptable any other club would have sacked him years ago, he's been very lucky to be at a club like Arsenal where the owner only cares about profit. I'm not absolving the owners of blame btw, they are very much to blame, but this mess also started before they arrived IMO, the day he decided to change our style of play to this tippy tappy rubbish in fact.
Clubs have ups and downs, new managers new time to bed in, the thing is other clubs don't accept things going wrong they do something about it when it doesn't work, Chelsea being a perfect example, they got rid of a manager who had had a huge amount of success because it wasn't working out and look where they are now.
Most managers are far more honest about things than Wenger, that's what makes him so much more irritating than the rest, other managers will take the blame, blame players, say when performances are unacceptable, they don't wrap all the players in cotton wool or indeed blame the fans (pretty low if you ask me).
I lost respect for Wenger a long time ago, not because of what he was doing but because of his criticism of fans and refusal to ever accept any blame or balme his players, they were always the good ones who were hard done by, pretty pathetic really, I think quite a few fans have lost respect for him too.
At the end of the day he's had 20 years with us and 12 odd years has been IMO a failure, so his record isn't all that, plenty of better managers out there.