'08 was Matt Holt's true freshman year (he played), '09 he was a sophomore (will need to use his original redshirt vs. medical), and in '10 he will be a redshirt sophomore with three years to play ... 2010, 2011, 2012.
I would think Matt would use his regular 'redshirt' availability since he did not use it in 2008. Going into 2010 he should be considered a Redshirt Sophomore vs. Junior.