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I think it is a great trade for both teams.
The people who are talking about Ollie's bad contract, maybe you should compare it to Snow's. I love Snow as a player, but he is earning too much and has too long a contract. 4 years for 12 million may be a bit overpriced, but it isn't that large a contract for a backup PG IMO. On the other hand, the Sixers would have been paying Snow 30 million over 5 years to fill the same role. The last few years of Snows contract are worse than Ollie's. Snow doesn't fit the new Sixers anyway, so it isn't taht big a loss.
Putting it this way, the Sixers are cutting salary, both in the near future and the long term. They did pretty well actually, because Ollie is sort of a poor mans Snow anyway. Brown gets a one year audition from the Sixers. If he performs well and lives up to the potential he showed when he was drafted, the Sixers will lock him up and the deal would be great for them. If he fails to perform like he has so far in his career, the Sixer will let him go and he is off their books. It is kind of a win win situation for the Sixers. They get salary relief, don't become much weaker since Snow didn't fit the new team that well and Ollie is a poor mans Snow with a better contract, and they get a decent gamble with Brown.
The Cavs get a decent PG who will fit their team. They didn't give up a lot to get him, a hometown boy, so they win too.
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