I don't know, I don't think this is so bad. I mean for sure it's not a sexy trade, but there is value in getting rid of Baron's contract even if that doesn't show up on the floor. It's definitely not as sexy as a lottery pick, but the Clippers are also taking a calculated risk and guessing it won't be a top 3. Sure lighning could strike twice, but the odds are really low. And if this draft really sucks, yeah you are looking at another Aminu at best.
I think Mo Williams will produce more along the lines of previous seasons, he has been pretty consistent until this year. And he clearly seems to be a better outside shooter than Baron. You actually WANT Mo Williams taking jumpers throughout a game.
With Blake and EJ we really don't need or want a ball-dominant PG, a more typical playmaker type who can knock down shots is probably better for us going forward. We all wanted an outside shooter, turns out he is our new PG.

I think Mo Williams is a better fit than Baron Davis over medium to potentially long term, so strictly looking at the players I think we come out okay. But then we had to throw in our #1 to make them take Baron's contract.
It's not great, it's not bad IMO. The sooner EJ gets back, the sooner we start winning more games again and making the lotto pick less valuable. If Cleveland lucks out in the lottery then yeah this trade comes back to bite us. But otherwise I think I like the deal, and we shouldn't sit around waiting and hoping for that 2.5% chance (or whatever it will be) of a top 3 pick.