Keith Law has released his ranking of the MLB farm systems (subscription required). Not surprisingly the Jays rank near the bottom, at 25th out of 30, falling back from last year's 19th ranking. He says there will only be 1 Jays farm hand in his top 100 prospect ranking (due out tomorrow).
About the Jays, he says:
Badly thinned out by trades over the past 18 months, but saved by the sudden emergence this year of their top two prospects, one a football player who finally chose to focus on baseball full-time, the other a projection high-school arm who saw his velocity shoot up last summer.
As you've seen, from our top 40 prospects posts, most of our prospects are at the lower levels of the system.
The Red Sox are his top AL East team, coming in at 10th. Yankees are 13th, Rays 14th and Orioles 27th. He has the Angels at the bottom of the list, saying that he's "been doing these rankings for eight years now, and this is by far the worst system I've ever seen."