With Sabonis likely retiring, that trade could work out great for Portland. Martin is more of an inside presence than Wallace, IMO (although Wallace is still better all-around), and this would also allow Bonzi to become more of a scorer and maybe the star of the team (I'm hoping since he's from Muncie, which is about 1/2 hour from my hometown ).
As far as Odom goes, attitudes aside, I'd take him over Butler anyday. I don't know about him and Wade, though.