According to SNY via Metsblog as well as WFAN, the Mets have traded Lastings Milledge to the Nationals for Brian Schneider and Ryan Church.
Initial thought: sweet deal by Jim Bowden. Milledge, who turns 23 in April, has star potential or at least will become an above average right fielder (though he should be tried in center unless he's terrible there). The 31 year-old Schneider is strong defensively, but he doesn't hit. The 29 year-old Church has a career OPS over .800, and may be a bit underrated. But he is 29 and not likely to get much better. He's quite a ways away from free agency, at least.
I'm just surprised Milledge couldn't net more.
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