The way I look at it, knee injury aside is this: We have a shot at signing Carmelo outright next off season, if he doesn't sign that extention. I would rather have:
Felton AND Carmelo AND all our other players and assets
Vs
Just Chris Paul, having given up Felton and a some pretty good assets (lets be honest if they traded him this soon they'd be expecting back a lot)
We'll probably get neither and I wouldn't cry over either of those scenario's, obviously, but just curious, what everyone else would prefer? Would you rather have CP for a price or Carmelo for essentially nothing?