I tend to agree with Joe and Derrick, where McKie makes up for his lack of speed is he is a a very smart, intuitive denfensive player, he will give up some points on fast breaks but than the Lakers aren't a speed team anyway, and Jackson has never prefered that kind of play anyway, ball control on the offensive side and tempo control on the defensive end, both styles play well to McKie's strengths. Besides I really would rather see Kobe move to the 3 spot anyway, I have always felt it was his more natural position, McKie would do well at the SG spot taking some pressure off the front court allowing Kobe to slash and burn. I know this won't happen though and I still feel comfortable with McKie at the point, a ball control offense with someone with his passing skills and intelligent play will not hurt LA at all.
Personally, I like this aqquisition quite a bit, I know we won't get starter minutes from him but he will be a great spark off the bench.