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Vote NO to Deadline Extension
I vote to keep the trade deadline at game 120. Most managers are fully aware of this date and have planned accordingly. Besides, there are still 48 hours for managers to make deals before Thursday. I really don't see the need for an extension.
Many of the Unmanaged rosters have already been picked over. Most of the good players left on these rosters are considered "untouchable" without drastic concessions from the managed teams. If you are going to collect offers and wait until right before game 130, then that goes too deep into the season in my opinion.
I would rather get the trade deadline behind us, manage "ALL" teams to the best of their ability and finish out the regular season with games being played timely with good rosters.
If there are many players who should be dumped from unmanaged rosters, put them into the FA pool for next spring's draft. I can understand your wanting to improve Unmanaged rosters, but let's not do it at the expense of managed teams with active managers.