I prefer waiting it out as well. I think something has to be available around the trade deadline for us.
As of my current free agent wishlist:
1. Ben Wallace (Can he really be any worse than Collins at 10 minutes a game?) I think for one of our roster spots he'd be perfect. Yes we need youth. But we also need, size, smarts, rebounding, and defense. He could play a huge defensive role for us in the playoffs at 10 - 15 minutes of center play.
2. Birdman
3. Oden
Tradewise: (Realistic, without breaking the bank and trading the farm)
1. Dalembert
2. Diop