I propose they go back to the old division names, but keep the conference East/West so fans have enough familiarity with the layout. This way the changes in teams divisional location will not seem illogical, and it will bring back that old familiarity for longtime fans of the game. As for the actual shift in whose playing where, the Thrashers/Jets will join the Smythe (Norhtwest) replacing the Wild who will be put into the Norris (Central). From there move the Red Wings into the Adams (Northeast) and move Buffalo into the Patrick (Atlantic). Thats where the moving around will end. Yes, according to this plan there will be only 4 teams in the Southeast and 6 in the Patrick but considering location and rivalries (with regards to Detriot) it seems to make the most sense. You could put Philly in the Southeast but I'm sure a lot of people wouldn't want to see the two Penn. teams split up like that. I could be wrong about this though.
Proposed Divisional Layout:
East
Patrick (Atlantic)
New York Islanders
New York Rangers
New Jersey Devils
Philadelphia Flyers
Pittsburgh Penguins
Buffalo Sabres
Adams(Northeast)
Boston Bruins
Detriot Red Wings
Montreal Canadiens
Toronto Maple Leafs
Ottawa Senators
Howe(Southeast)
Carolina Hurricanes
Florida Panthers
Tampa Bay Lightning
Washington Capitals
West
Norris (Central)
Chicago Blackhawks
Columbus Blue Jackets
Minnesota Wild
Nashville Predators
St. Louis Blues
Smythe (Northwest)
Calgary Flames
Colorado Avalanche
Edmonton Oilers
Winnipeg Jets/Thrashers/Frozen Thrashers/Whatever
Vancouver Canucks
Richard (Pacific)
Anaheim Ducks
Dallas Stars
Los Angeles Kings
Phoenix Coyotes
San Jose Sharks
I decided on naming the Pacific and Southeast after Rocket Richard and Gordie Howe. Immediately Gretzky comes to mind as far as a candidate for a division name but I think its too soon for him.
As stated above having the Wings with 3 of the original 6 in one division would be a huge boost for the NHL. And Buffalo in with the other two NY teams would really boost their potential three way rivalry. Same with Winnipeg, having them with the other 3 western Canadian teams is a no brainer.
And Renn, I think you can never really get enough competition. The Red Wings are a great franchise that would make the east stronger.