cwhitty, I have Phillips on my team as well, but he's riding the pine. I wouldn't bet on him being a huge impact player this year. The Indians want him to start because he's their future. They feel he's ready to start benefiting from MLB experience, which does not mean that they feel he will be a start right off the bat.
Remember Soriano's first season? He showed a lot of promise, but there were still a decent number of second baseman posting better numbers. By the end of the season, everyone was pretty convinced Soriano would be a star, but that still didn't translate to being a fantasy stud at second.
Like I said, I have some optimism about Phillips. Enough to put him on my bench. At the same time, though, I'll drop the guy at the first sign of trouble. No reason to give a rookie the benefit of the doubt in fantasy.