With the Chauncey signing, I initially thought it would be weird for LAC to make a trade involving Eric Gordon for CP, because they'd be trading a very good SG and then end up with 2 PGs.
But the more I think about it, I don't think there are any 1/2 guard combos in the NBA that Billups-CP can't guard (as well as any other team can). On the offensive side, at this point in his career, Billups is more of a spot up shooter than a guy you want too heavily involved in running an offense so I think that could work out.
I don't see any "contenders" (read: NYK, Miami, LAL) that look to be any better position than LAC to re-sign CP in 2 years. If they can keep the Minny pick, they will be able to further build on this core. I think it's a good move for LAC to grab Chauncey now (at a bargain price) and then make a run for CP. Also, I really like them blocking these players from getting out of their contractual signings.