I have to disagree, Mamba--this wouldn't be a bad trade for us. It isn't likely we could get a better FA with Raef's contract, and it is clear the Soft Porn doesn't play good enough defense to really help us contend, that Nate's dislike of Sergio isn't going to diminish any time soon, and that Bayless isn't ready. Plus, Hinrich actually has a contract that diminishes over time, so by the end of his contract he is an $8m/year player rather than a $10m per year player like he is now, so it makes him more easily tradeable down the road if Bayless turns out to be good. The issue is that Blake is not a starting NBA PG, and Hinrich is and he is the best available option. Your choices are to get him pretty cheap like this, or to not get a full time starting PG for perhaps 2-3 years.
 Good point on his health, Billy--I agree that you delay this sort of deal until closer to the deadline, but I still disagree with the general premise that this isn't a cheap price to pay for a PG who, up until last year, was considered a true starting quality PG. Blake absolutely is not, and Sergio is not.