You can't judge Hinrich solely on what he did last season...it was his worst season in the league. The year before that he made huge strides and his stats went up. He was widely described as one of the reasons they made the playoffs and won a series.
He wasn't selected to Team USA by being a PG that "most teams have two PG's better than".
Nearsightedness by the Chicagoans on the board.