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I'll see your Melo and raise you D-Will! Huge trade today between Utah and New Jersey - let's assess the fantasy impact of this trade.

Utah Jazz gets Devin Harris, Derrick Favors, two future 1st round draft picks, and cash considerations from New Jersey.
New Jersey gets Deron Williams, Dan Gadzuric and Brandon Wright
 
New Jersey:

Deron Williams, PG: D-Will will be asked to carry NJ's scoring and play-making load, so expect his points tallies to increase slightly (already at a career high 21.3 pts p/g). He will no longer have a rich list of bigs to hit, but he still will target a strong scorer in the paint in Brooke Lopez - his assists will probably take a small hit, but his rebounds will go up. Either way, don't lose any sleep over this trade if you are a Williams owner. 

Brook Lopez, C: This is good news for BroLo owners - playing with an elite PG should do wonders for Lopez' game.

Anthony Morrow, Sasha Vujacic, SG: Likewise, expect Morrow and Sasha to receive better open looks playing alongside D-Will.

Kris Humphries, PF/C: Perhaps the biggest winner in this trade is Humphries, as he will slot straight back into the starting PF role. Grab him immediately if he's available.

Utah:

Devin Harris, PG: In a reversal of Williams' fortunes, expect Harris' scoring to decrease, as he will take a back seat to Paul Millsap and Al Jefferson. However, look for his assists to spike upwards.

Derrick Favors, PF/C: Favors will go straight to the bench on the Jazz, and don't expect him to start again this year. Favors is now droppable in most leagues.