My Money Plant's Losing "Money"!!

So the Money Plant (or Crassula Ovata if you want to get fancy) that we've had for the past 5 years or so, grew amazingly well and then started to go a bit weird.

We first noticed it's decline in health when a whole branch of it fell off whilst we were watching TV one night, the scar of which you can still see in the picture below.

I made the effort to repot it today and, after an alarming out of leaves dropped off, I managed to ease the (I want to say 'trunk' as it's too thick to be a branch or a stem?) plant out of the pot only to find there was a suspicious lack of roots attached to the trunk...and the soil in the bottom half of the pot was water-logged and packed in under its own weight.

Mystery solved - I drowned the poor thing.

So voilà - here it is in it's new home, with any luck now able to breathe and grow.