Could someone help me out please understanding what our draft pick situation is with the 2012 Draft. I thought I understood it.

As I saw it, we give the Minnesota pick (we have been waiting for years to become unprotected this year) to New Orleans as part of the CP3/EJ trade. I wasn't aware of the situation with our draft pick so went to Real GM to try and understand and boy am I confused now!

REAL GM's Explanation:

2012 first round draft pick to New Orleans
The Los Angeles Clippers trade the more favorable of the Los Angeles Clippers' own 2012 1st round pick and Minnesota's own 2012 1st round pick to New Orleans. [Los Angeles Clippers - New Orleans, 12/14/2011]

2012 first round draft pick from Minnesota
Minnesota's own 2012 1st round pick to the L.A. Clippers. [LA Clippers - Minnesota, 8/12/2005]

2012 first round draft pick to Boston
The Los Angeles Clippers' own 2012 first round draft pick to Boston via Oklahoma City (top 10 protected in the 2012 draft, top 10 protected in 2013, top 10 protected in 2014, top 10 protected in 2015 and unprotected in the 2016 Draft). In addition, if the Los Angeles Clippers are required to send their 2012 first round pick pursuant to the above and are also entitled to receive Minnesota's own 2012 first round draft, then Boston via Oklahoma City shall receive the lesser of the Los Angeles Clippers' own 2012 first round pick and Minnesota's own 2012 first round pick. [L.A. Clippers -Oklahoma City, 6/24/2010 and then Boston - Oklahoma City, 2/24/2011]

Could anyone explain this in normal terms to me please. It's the pick to Boston and the pick switch were I start to lose the will to live!

Is the bottom line that we don't have any chance of picking in the first round?

Thanks in advance.