Thanks.
If Melo agrees to the extension, and Billups agrees to play for the Nets, I think this is a very good trade for the Nets. Harris is a good player, and fan favorite, but getting Billups back makes that palatable. Favors is promising but I wouldn't be surprised if he fails to meet his full potential. Four first rounders are difficult to part with, but the Nets only acquired those picks so they could make a trade like this down the line.
Making the playoffs this year would be tough, but I definitely see them in next year, and as a real competitor by time they are in Brooklyn, especially if they can attract some other name players now that they tentatively have Melo.