Jay Glazer just reported that the Raiders are about to face a first-round pick and a conditional pick of the Cincinnati Bengals in exchange for the rights of Carson Palmer. Chris Mortensen added that the conditional pick in 2013 could also be a first SUV based on playing time and incentives. (Mort also said the fallback option for the acquisition of Oakland was Vince Young, just win baby!)
Yesterday, I talked about the blow to the playoff chances of the Raiders, no Campbell, and the fact that out in the second through 4th round in which to reach an agreement. Cincinnati also had the upper hand due to Mike Brown's stubbornness and the fact that any agreement which affects their ability to playoffs (by improving Oakland). Cincinnati seems to have reached a bit for those reasons.
I suppose the value Raiders 25-30% increase in their chances of reaching the playoffs this season to hold on to a first-round and make a selection. I think you can make an argument of cost / benefit is not. The question, however, is whether Carson Palmer, four years removed from a good season and be at home, actually increases the chances of more than Kyle Boller much.