Broadly I'd say we're pleased with him, as he has a good record.
There is some concern (particularly from me, it should be stated) at how little luck we've had in the transfer market to-date - particularly in comparison to Bohs, Drogs and Pats. There is a danger that we could do a 'Cork' - i.e. stand still whilst our competitors improve around us. However - it is accepted that that this issue has much more to do with geography than with any inactivity or inability on Fenlon's part.
So broadly speaking we're a happy enough bunch who think we got the best man available. Derry fan's are quite a supportive lot really - prepared to have faith in him until the need to do otherwise is proven.