From a recent article by long-time â€‹Cincinnati Enquirer​ columnist Paul Daughterty:

"One Reds insider said a straight-up Ondrusek-for-Victorino deal was nixed by The Club."

First, some facts:

Victorino is 31 years old. Ondrusek is 27 years old. 
Victorino will be a free agent after the 2012 season. Ondrusek will be a free agent after the 2016 season.
Victorino is making $9.5 million this season. Ondrusek is making $492,500.

And now, some numbers:

Ondrusek, career WARP: -0.2
Victorino, career WARP: 21.1

Ondrusek, 2012 WARP: -0.1
Victorino, 2012 WARP: 1.6

You fathom the facts. You know the numbers. And so I ask you, dear reader: Do you nix, or do you not nix?