Bogut was also taken in the same draft as Ellis, just as the first overall pick out of Utah. While Bogut has been a very good and a very underrated player in his NBA career, injuries have been a problem. But he will be shipped out of Milwaukee and head west.
For Golden State, this move is great. The team has needed a center for along time, and has been trying to aquire one for along time. David Lee has been better as a forward, and the team has even been heard to be going after Dwight Howard. But now the Warriors have their center. The team did give up Udoh who has good potential, but they are trying to win now and Bogut helps much more then Ellis. Stephen Jackson also will make up for Ellis's absence. Jackson is a former Warrior who was a key player in the teams historic upset of the #1 seeded Mavericks in 2007. In the end, as long as Bogut stays healthy, the team should be more competitive now along with Jackson. (UPDATE: Jackson was traded to San Antonio for Richard Jefferson two days later).
The trade is the first of the deadline, and Golden State is the winner here. Milwaukee may have the same problems at the guard as Golden State did with shot selection.