OK, some more recent offers I've received for Wallace:
4) Brian Westbrook, 2010 pick 2.12, 2011 2nd rounder (I estimate to be 2.06-2.09). Declined.
5) Mark Sanchez, 2010 pick 2.03 (#15 overall). Declined.
6) Justin Fargas (his drop), 2011 1st rounder (I estimate to be 1.06-1.09). Declined.
7) Matthew Stafford, Nate Washington, and 2010 pick 2.03 (#15 overall) for Wallace. ACCEPTED. Unlike my feelings about Sanchez, I think Stafford may be a starting fantasy QB before long. The 2010 pick 2.03 in this rather deep draft is also IMO about equivalent to 1.10 in most years. Hopefully I make a good pick, and this trade will represent good value for Wallace.