Phal leaves are sagging

[Brent]

Hello all. Im a newbe from west coast of Canada.
I have several Phals
1 in particular has 6 leaves which Im told makes it about 6 yrs old.
It has 1 bloom and a new sprout coming on. My problem is: all of my leaves are sagging. They look like they have not been watered for quite some time.
I was reading a thread here the other day and it was suggested that maybe its root rot or not enough air circulation around the roots. Id like to check this out but... is while its blooming a good time or should I wait until its not blooming? or should i sacrifice a bloom to save the plant??
all and any suggestions readily welcome and appreciatedhttp://www.orchidboard.com/community/images/icons/icon9.gif