I'm not keen on Dave Jones or Billy Davies, look at their track records, Dave Jones in particular, both need massive transfer kittys to achieve nominal success. Dave Jones wage structure at Cardiff nyon crippled them into oblivion, it was ridiculous. If it wasn't for a rich owner buying the club up they would be in league 1 and sinking further by now!
Billy Davies can't stop publicly announcing how pissed off he is with whomever he is working for about not having enough money when he spends a fair bit compared to the average club at this level. As its already been stated, new up coming manager like Tisdale from a lower league would be the best option I think.
exeter arn't really setting the world alight are they.

mark hughes, to big for this club mate