Melo's really not that good. This isn't knee jerk overreacting to 1 loss either. There's a reason the Nuggets are 9-3 since he got traded. Plenty of smart basketball analysts have been saying for a while that Anthony is a really overrated player.
He's not a very good passer, he's a terrible defender and although he scores a lot of points, he's not even a very efficient scorer.
Put aside all the hype - is Melo really any better than someone like Monta Ellis? Is he a better all-around player than the supposedly overpaid Andre Igodoula?