in the OP, the first trade makes sense for the Knicks IF they had a different coach than Phil (whoever he installs as coach will be like Phil). Chandler, Smith, Melo, Hardaway, Jennings could be an offensive juggernaut with K-Mart, Shump, Prigioni and Felton off the bench. Add a decent backup center and they could be pretty good.
thing is, they'd need a coach that can adapt to the strengths of the personnel he has and I don't see that happening.
The bucks deal never happens but Detroit might bite to unload Smith and Jennings. Knicks probably have to send Prigioni with Amare