The Cubs have DFA'd Blake DeWitt and re-caled Travis Wood who will start today against the Dodgers. I don't believe Berselius published a projection for Wood, but Oliver did project him to be worth 2.5 WAR at the time the Cubs traded Sean Marshall for him.
Wood has had mixed results so far at Iowa. He has struckout over 9 per 9 innings and his walk rate is below 3. Both of those are excellent. His ERA is higher than 5, but his FIP is 3.87. The ERA is not so good, but the FIP is pretty good. His BABIP is nearly .400 so I'm reluctant to put much weight into his ERA.