I will preface, saying that I am not necessarily pro-Kennny. But there is the fact that he brought out of the relegation zone with an incredible run for the entire second half of last season, despite the fact that we lost our star player and we were playing with a rag-tag squad that had all but fallen apart with injuries and Hodgson signings (that were worse than Kenny's worst ones). With that rag-tag team he outfoxed and outplayed Wegner, Fergie, Manchini, and Ancelotti, and he got us playing good football again. He did it without promise of the permanent job, even though he had been snubbed for Roy, and even though it seemed as though the owners did not want him at all. He saved our asses last season, and for that alone he has my respect.
Even if we don't think he should be here anymore (which I agree that there is may someone better for the job), Kenny deserves our respect and he has been instrumental in several big things. Yeah, the record since January has been bloody awful, but before then we looked to be in the running for 4th. At times we played really good football this season, and the Dalglish part of last season we were on fire.
The biggest problem has been the signings, but some of them, particularly Carroll our biggest price tag, are showing signs of coming good. The players like Kenny. They all have publicly backed him, and Carroll especially has thanked him for his faith and support. What if Hendo and Downing (both of whom have had flashes) turn it around and become the signings we hoped they'd be?
No, the league form is not good enough, but we've had some very important wins this season that show signs that Kenny could do this. We are one of the only teams to beat City away, and we've beaten united, Arsenal, Chelsea 3 times, and Newcastle. We got some silverware in the cabinet, we've rejuvinted the youth system, and we've started playing positive football again. The squad looks like its learned how to work together, and I think with Lucas back, we will look a completely different team.
If Kenny were to resign this summer, I wouldn't be one to say no, but at the same time I wouldn't be one to say no if he stayed.