That's a terrific trade for you on paper. You could probably say Artest is worth CV and Gay, or a combination like that. And KG definately isn't worth Hinrich, Harrington, AND Diaw. The other GM must be a complete moron. That's just crazy. And it's good for you because you get to drop a few guys who wouldn't do anything anyways. Guys like Fisher, Simmons, and Brown are definately drop-worthy in such a small league. Now your worst player is probably Eddie Jones, which is definately a good sign.
Haha, I did the exact same thing in one of my leagues. I slept in and didn't get to the draft until my first five picks were taken. I got Garnett, AMARE, Kidd, Jamison, Rasheed. Not exactly a killer top five. I ended up doing much better with the later picks, but STAT in the second round especially killed me.
Pau should be back within the next month or two. I wouldn't do it. Even if he's not 100%, he's still an almost guarenteed 15/8, and almost definately more. If you drop Pau, he'll be snatched up right away for sure. Keep him.
And May has been doing very well, but keep in mind that Brezec is coming back within the next week or two, and that could eat at Sean's minutes. So it's questionable. But he's definately better than Fisher (injured anyways), so not bad. He's getting about 13/8 right now, which is really solid for a guy drafted consistently so low (or not drafted at all).