Trade Jerryl Sasser and Steven Hunter to Cleveland for Chris Mihm. Throw in the pick Sacramento owes you if it's necessary.
Trade Mike Miller, Don Reid, and Andrew Declerq to Denver for James Posey and Donnell Harvey.
Then Trade Jud Buechler and the pick the Wizards owe the Magic, back to Washington for Hubert Davis.
Sign Jerome James, Scott Williams, and Erick Strickland.
I prefer Scott Williams over Charles Oakley because he played with Micheal Jordan when Jordan was starting to win titles, he also played a few years ago with Ray Allen and the Bucs when Allen did what Paul Pierce was doing in this years playoffs. Oakley has already mentored T-Mac, i'd like to see what Williams can bring to the table.
As far as the Miller trade, it's to free cap room to sign Williams and James. Miller fits in orlando because of his ability to score, yet reluctancy to take over, which is also the downfall to his trade value. He's not better than a third guy on your team if you're trying to build a contender.
The PG spot, I think they need someone who can defend bigger PG's of the east, the other options are McInnis who I expect to sign in LA, and Ollie. Jacque Vaughn is a marked man by many teams, so he's unlikely, Best is probably a lock for Miami, and Earl Watson is an option, but I think he'll return to Seattle.
As far as the Tim Duncan plan, he's not going to leave, scrap that, and shoot for 2004 when Kevin Garnett is a free agent.
Depth Chart
PG Strickland, Armstong
SG McGrady, Davis
SF Hill, Posey
PF Williams, Humphrey, Harvey
C James, Mihm, Griffith