I LOVE Dunn, but the Reds simply do not need him in order to build a contender. I'd rather them wait until next year to trade Dunn (because it's possible Bruce could be ready in 12 months), but if you get a good deal now, take it.
I don't think this team is very far off from contending in the NL Central, and not just because the division is horrible right now. They could do it next year, but the way I see it, every move they make should be done with 2009 in mind. Quite frankly, I don't think $15 million on Dunn would look so good at that time, given the amount of good young talent that should be here in Hamilton, Bruce, Votto, Encarnacion, Phillips, and Bailey. (Possibly Cueto? Maybe Stubbs in 2010?) Why not go out and get arms who can be ready at that time as well?
Dunn is as strong an offensive weapon as we've had in Cincy for a long, long time, but simply put, he's not needed. Pitching is needed, and Dunn's the best resource we have to get the arms we'll need in 2009 and beyond. Better than the draft and free agency combined.