I'll be honest and say I'm not a fan of the Mohammed-Nocioni deal, but I think you're overvaluing Hinrich. Because of his contract and fairly poor play the past two years, he's not going to command a large return. In my opinion, the likely scenario for a Hinrich trade would be bad contract for bad contract.
I'm not over valuing him, I think he's a good PG though. He's a solid big defensive minded PG that's a decent shooter and passer. The last two years he's been coming off the bench and or playing the 2 spot. He isn't a 2 guard and is a starter quality PG imo. The Market is what over values him, a lot of teams would be interested in him. I mean there isn't a lot of Pg options out there in FA.
However Chicago is looking to use him in a sign and trade with Deng to get either Johnson, Bosh or James.