To be honest it feels like he's still a caretaker. As soon as results slump next season, you can see Woodward getting rid.
To be honest though, the only thing in his favor is the lack of alternatives. There arent many strong candidates out there and he's not done badly enough in the last couple of months to warrant getting sacked.
We should already be looking at the market, though. Analysing up and coming managers and thinking about who we want long-term. That's what Real, Barca or any other top club would be doing (if they hadn't sacked Solskjaer already).
He had a great start but he was appointed based on a small number of games and we've now been rubbish for just as many. We hired him based on his ability to motivate the current squad, and they've already dumped him. It looks like he's ready to clean out the crap, which is a good sign, but there's no evidence to suggest he'll fare any better with any other set of players.