Let's get a couple things straight here. The Lakers aren't giving us Farmar or Ariza. Its just not happening. We don't have anything they'd want to give up their young talent, outside of Martin. If we trade Martin to the Lakers, I'm going to throw up and choke on the vomit.
Alright, now that we are past that. Odom for KT/Artest is a huge win for us. We remove the WORST contract on our roster, and pick up a huge, valuable trading asset in Odom at the cost of Ron Artest. Artest, while valuable, is not in the Kings long term plans. He is going to ask to go to a contender or a large contract, neither of which the Kings are going to be able to accomodate at the end of this upcoming season.
Also, wouldn't Odom fit perfectly in our system? A big man who can pass, rebound, and score 15 a game? Even if we only have him for a year, it would be a huge improvement over every other PF we have and I'm sure there will be takers around the trading deadline if we wanted to get younger guys or picks. We need to rebuild. I think a guy precisely like Odom in the last year of his contract helps us achieve that goal.