Either I've done a poor job of making my point about the orioles' view of the camp at Bowie in 2020 or you have missed the point completely. Either way, there is no point continuing this, as it is clear that you have your mind made up that everyone will be assigned to their 2019 levels. That's fine, you are welcome to your opinion.
You missed my point.
Traditional counting stats may not show actual skill or ability in a way that a deeper look might.
Maybe a player's slugging is impeded by the home stadium? Maybe the ball used in the majors would benefit a player with a good launch angle? Maybe a player gets called out on borderline pitches that ML umps won't miss? Maybe it is something as simple as an unlucky BABIP. You going to not promote a guy because his slash line is poor when his BABIP is 220?
He hit very well in spells in Bowie, but tended to get hurt and start slowly when he came back. So, his cumulative stats MAY not be an indicator of his true talent. Additionally, the coaches/management see him and have the modern equipment to better evaluate that question (e.g., his true talent, expected future performance) than "old" stats like batting average in the context of injuries might indicate.
With that said, I'm not convinced that his true talent actually matches his original hype when signed by the Dodgers or traded to the O's. Tony's write-ups raise serious questions in that regard, so I don't think you're wrong to want to see some performance before promoting him. But I suspect the people you're arguing with in this thread actually agree about that point.
So, by your post above, you agree that the Iglesias trade does fit into what we'd expect Elias to be doing ("building inventory"), correct?
As for free agents, I can imagine him wanting to spend BIG in a place where he might not think we have answers during a competitive period. So at SS or 2B, for example, I'd expect he might hold off on a big name guy because he might think we have our own big name guys 2-3 years away, so the paying part wouldn't make sense re: a competitive team. Same for 3B, outfield, catcher and even pitcher.
I honestly think that 90% of what he's doing is consistent with what I would expect him to do given a complete rebuild. The one part I agree with is the opportunity to take on bigger contracts in exchange for more prospects. I too wish we'd go that route. I think the next level example of that is signing a guy like Cobb (e.g., more expensive than Iglesias) and hoping for performance so you can trade him. I think the cost/risk equation there gets a little out of hand though.