This just in: according to the Toronto Star, Scott Schoeneweis has been traded to Cincinnati for a player to be named later. (The Jays' official site confirms the trade.)
Here's the now ex-Jay in happier times, courtesy of Aaron's photo library:
I'd have to say that this is a good deal all around. Schoeneweis has looked gassed lately. Because the Jays have a left-handed closer, a spot lefty is less important. Besides, Tallet can probably do the job as well as Schoeneweis can.