Kyle Korver in his 517 career games has shot 41% from three point range, including one season with 226 makes. Last year, he shot a ridiculous 54% from there. Korver is about as good of a shooter as you can get.
Korver's all around game is not strong. He tries hard defensively, but is neither strong nor quick and can't do much to help He does not create much off the dribble, nor does he rebound or handle the ball. Korver lacks a position defensively, unable to defend anyone; however, at 6'7, he is best served at small forward.
Since it's a two guard we need, that's slightly problematic. If Korver starts there, it becomes even more so.
However, more than anything, we needed a shooter. And it is irrefutable that we got a premier one. This is a significant piece for the team, at a price that accurately reflects Korver's impact on the game. He is cheaper than Jason Kapono, a man to whom he compares favorably, and his mere presence can do wonders for Chicago's half court game.
Better still, we still have about $15 million left. And if there was any doubt before, James Johnson is now available.