I don't value West's offense, because he cannot exploit matchups on offense. Battier wasn't the first time West didn't exploit a matchup that he should have been able to. Through three quarters we got destroyed against the Knicks because West couldn't score again't 'Melo and of course 'Melo scored at will. What happened in the fourth? We put Granger in at the 4 and we stomped them. We stomped them because Granger can truly play the 4 against anyone, and in that scenario he badly beat 'Melo. (I'll note that if Granger was playing at the 3 vs 'Melo I think history shows 'Melo wins that matchup every time, but playing closer against the basket Granger won the battle of the boards, scored points and did an excellent job defensively. Though 'Melo started scoring late in the 4th when it was already to late for the Knickerbockers)
But yes, leadership and smarts are needed. But all that means is you try to acquire players of that nature. You don't overvalue them because of their leadership though. You just acquire those types of players while strictly valuing their talent.
In an entirely hypothetical scenario that probably isn't possible, I'd suggest after this season the Pacers sign Josh Smith, a defensive PF and ask West if he'd like to comeback and play with a championship contender at a reduced rate off the bench. That'd make this team very talented I think. This of course probably wouldn't be possible. But I hope the front office has that sort of thinking.
Edit- I'd like to see West take Antonio Davis' former role. AD in 97-98 played more minutes off the bench than DD. He was a highly valued contributor to that team. The teams TRUE 6th man. (not rose). West could come off the bench playing center and forward while providing a scoring punch. Now that would make him a truly valuable contributor that wouldn't be a liability like he was against Miami. Consider quickly folks that AD went on to be an allstar. At this stage in West's career couldn't he accept that role?