There's some risk involved, but there's a very good chance the Rangers just picked up a middle-of-the-order bat who's about to enter his prime years in exchange for a hard-throwing young pitcher with more risks around his future.
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The Rangers' system is full of pitching prospects, and they have a good number of infield and catching prospects, but they're light in the outfield, with 2007 draftee Julio Borbon probably the best of that group. Josh Hamilton immediately becomes the best centerfielder the Rangers have had in a decade -- all apologies to Laynce Nix, Tom Goodwin, and Damon Buford -- and has a good chance to be the best hitter in the Rangers' 2008 lineup.