It sounds like the deal is done. I vote we name Barmes Clint2, since I'm not sure he'd be a Pirate without Clint1.
Whatever one might think of this deal, it sounds like the Pirates did a good job negotiating this one, convincing Barmes that they had several shortstops queued up behind him and that he had to sign with them now, thus preventing the Brewers from making a competing offer.
As I noted before, I would have preferred the Pirates had just taken Ronny Cedeno's option and concentrated on their problems elsewhere, in part because I think the chances of Barmes being a complete bust are relatively high, due to his age and lack of hitting ability, not to mention the fact that PNC Park is unlikely to do him any favors. Barmes' home-run power is mostly to left field, and he just isn't going to hit a lot of homers to left at PNC. (I'm also a little bit leery of the amount of power Clint Hurdle seems to have here - that Hurdle didn't like Cedeno, and managed Barmes in the past, may have factored into this pair of decisions.) But I do think it's a close call and that there's a good chance for Cedeno partisans to look pretty silly. I could see Cedeno completely falling off the face of the planet next year, too.
UPDATE: Keith Law on the signing:
I wouldn't want to give him a spot on the 40-man roster, let alone guarantee him over $10 million for two seasons of outs. The Pirates declined a one-year, $3 million option on Ronny Cedeno; even if they think Barmes will be better in 2012 than Cedeno will (I disagree), they would have been better off with the shorter, less expensive commitment.
That's a bit much, isn't it?
UPDATE 2:27 PM: It sounds like it's official.
UPDATE 2:29 PM: The Pirates have dropped Brian Jeroloman from the 40-man roster after just a couple days on it, just as I expected they would. I'd say that I hope he sneaks through waivers, but without intending any disrespect to a guy who's among the best couple thousand baseball players in the world, I really don't care too much. Unless he somehow learns to hit Class AAA pitching, he doesn't really have any value.