I'd take that trade in a heartbeat. IMO (and I realize this puts me in the minority) Kevin Love is the most overrated player in the NBA right now. He is a good player and a player you need on your team, he helps your team, and is a necessary piece to win, but no team with Love as its best player will ever compete for a championship.
If you swapped Love for Kobe, Wade, Durant, LBJ, Dirk, etc. the currently constructed wolves would immediately make the playoffs and yet people want to give Love MVP because he puts up inflated numbers on a bad team. If you think there is a talent at the level of LBJ, Wade, Kobe, etc. in the top 3 you make that deal without thinking twice.