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MLB Trade Rumors: Jake Peavy to the Angels??

Listening to Lee "Hacksaw" Hamilton last evening was like listening to a broken record, but he did throw out a doozy of a trade rumor:

Jake Peavy to the Angels for Jered Weaver, Nick Adenhart, Brandon Wood and Reggie Willits.

Sounds like alot to me. On paper, it appears the Angels are giving up alot more than the Cubs rumored offer. Then again, is Wood a major league hitter? And, don't the Angels need more hitting and not more pitching?