Isiah’s Midterm Grade: C+.

At the halfway point and in their first-game after the All-Star Break, the Knicks knocked out their 24th win of the season against Orlando last night, 100-94, thus eclipsing last year’s woeful 23-59 full-season record under Larry Brown. I haven’t been posting about them much, but thanks to the magic of TiVo I’ve watched a lot of games this year, and there are definitely causes for hope among the Knicks nation, even if there’s not much chance of a serious playoff run, or even a playoff spot, this year. No, I haven’t climbed aboard the Isiah bandwagon, and I think we’d be better if he was gone from the Garden next year. But, in the emergence of Eddy Curry as a semi-consistent offensive force in the post, and the solid play of the second-years — most notably rookie/sophomore game MVP David Lee, who leads the league in shooting percentage and is a prime candidate for six-man of the year, the Knicks have a foundation to build on for the first time in a good long while. Let’s just hope Isiah doesn’t make any more panic trades that lock us in with overpriced underperformers — see Steve Francis, Jerome James, Jalen Rose, Penny Hardaway, Antonio McDyess, Vin Baker, Glenn Rice, Luc Longley, Shandon Anderson, Howard Eisley, all since Patrick left in 2000 — for the next 4-6 years.

Escape from New York.

And, in related news, the Knicks end their thoroughly depressing 23-59 season with a meaningless win over the playoff-bound New Jersey Nets. (Of course, the nightmare won’t fully be over until Chicago uses our possible #1 pick, which it scored in the Curry trade after Isiah Thomas, not the best GM out there, neglected to lottery-protect it.) And now, the post-mortem begins: Larry Brown sounds like he’ll be back for now, which means many of the more recalcitrant Knicks this year (I’m looking at you, “Starbury”) are likely as good as gone. Still, one small bit of consolation for Garden fans this season, courtesy of swingman Jalen Rose: “I put together our roster on ‘NBA Live,’ and we’re pretty good.”

St. Francis of Assisti?

As expected, the Knicks have pushed the panic button, acquiring Steve Francis for Trevor Ariza and Penny Hardaway’s contract. Well, we’re not giving up much other than cap flexibility (I like Ariza — he’s a hustle player — but he also makes bad decisions, and hasn’t been gelling under Larry Brown.) Still, how is a backcourt of Marbury and Francis (backed up by Jalen Rose, Jamal Crawford and Nate Robinson) going to work? They’re like five iterations of the same offensively talented, defensively deficient player (5.5 if you count Quentin Richardson), and every one of them needs the ball in their hands to be productive. At any rate, there’s a good bet that the Knicks haven’t finished yet, with Crawford for Theo Ratliff or Darius Miles a distinct possibility. “Crawford even polled the team’s beat writers after Wednesday morning’s shootaround to ask them where they believed he would be headed.“

A Rose in the Garden.

The Knicks make a panic trade in procuring Jalen Rose and a draft pick (Denver’s) for the expiring contract of Antonio Davis. Hmmm. Rose is a talented player on the offensive end, but he brings little to the table that we don’t already have in Stephon Marbury and Jamal Crawford. And that contract…ugh. Somebody should tell Isiah the first rule in getting out of a hole: Stop digging.