It would and it risks a substantial step back this year, but it might set us up better beyond that.
If we end up dropping out of the playoff picture we probably move Staal at the deadline and end up with two 1sts this year: one in the 10-16 range and one in the 20-30 range. Assuming Draisaitl is the 1C going forward (and you don't make the trade if you're not positive of that), you've got some combo of Koivu/Coyle/Eriksson-Ek/Greenway/Kunin as the middle-C's. Wings are thinner than before, but it's still Parise, Granlund, Zucker, Coyle, etc. with Kaprizov coming in 2020. The defense is worse, but maybe Belpedio steps into a 2RD role in a year or two? Doesn't seem that crazy; a lot could go wrong and a lot could go right.
I imagine Edmonton fans hate it and I get why, but it's a situation where a "quality for quantity" deal might make a degree of sense. They've got numerous holes to fill, not may pieces to move, almost no cap space, and a ticking clock.