I've contended since we got him that Nocioni is a good guy to have on a team that is in contention. He'd fit well with the Celtics, the Spurs, the Suns, the Cavs, the Magic, etc. Not the lowly, rebuilding teams that are two or three pieces away from being a contender. Further compounding that is the fact that we're paying him $7 million a year, tying up a lot of cap space.
I'm not arguing that he's a bad player, or a cancer, or that he can't help us. I don't think any of those things are true. He's just not the player that we need at this stage of our development. I think he should be on the block, but not just for the sake of moving him. I'd co-sign to the OP's deal, but I don't think anyone would give up that much for Noc.