The Baltimore Orioles, with the third pick in the Rule 5 Draft, have selected San Francisco Giant LHP Benjamin Snyder.
This pick is supposedly going to the Rangers as part of the Kevin Millwood trade, so the Rangers should thus end up with Snyder.
You can see Snyder's minor league numbers here. He's 24 years old, a former 4th round pick in the 2006 draft, and pitched mostly in relief for the Giants' AA affiliate last year. Supposedly a finesse pitcher, and presumably will battle Clay Rapada and an NRI or two for the Rangers' LOOGY role.