Great trade for Chicago. The Wizards get the pick they desperately wanted in the first round (they wanted more than Wall). However I'm not sure how Hinrich will fit on that team, they see him as a "mentor" for Wall but I'm obviously not seeing the same qualities in Hinrich... he is a good PG and shooter but that's it.
Anyway, Chicago has done a great job so far, with their new coach and their core. They are in a prime position for the free agency class, they could be the team to beat in the East next year... this summer will be very interesting.
Imagine a starting 5 of Rose/role player/LeBron/Bosh/Noah, with guys off the bench like Taj Gibson, Brad Miller... scary.