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Any claim that Lee '09 is way better than Bedard '07 is kind of rediculous. Bedard was the most dominant pitcher in baseball that year.
Lee is WAY more likely to stay healthy and I think that adds significant value, but Lee is NOT a better pitcher than '07 Bedard. Thats silly.
What is true though, is that if the rumors are true, Z is giving up a laughingly small amount for one of best pitchers in baseball. This is a big contrast to when Bavasi overpaid even by market standards in prospects for the Bedard trade (the Haren trade even got less return).