Chad Ochocinco may be past his prime. I like this move because he has the talent to be an effective receiver if he keeps his priorities in check. Chad Ochocinco is a deep threat target with good size.
Chad Ochocinco may be a shadow of his former self, but the Patriots gave up late round picks to take a flyer on him and obtain him. If Ochocinco pans out New England continues to contend. If Ochocinco fails he gets shipped out of Patriots training camp with one negative comment directed towards Tom Brady or Bill Belicheck.
New England is basically giving up next to nothing for Chad Ochocinco. I would have preferred a better receiving target, but was a limited supply of deep threat wide receiver options available.