Down by one, the Bobcats were taking the ball out on the side.  To the surprise of everyone, they decided to go for the three pointer to take a 2 point lead.  I only like going for a three in that situation if you can guarantee yourself getting a real good look.  The Bobcats were able to get themselves that look:

As Larry Hughes gets the basketball to inbound, Boris Diaw quickly takes a step out to make himself available for the pass.  Doing this presents a quick option for the inbounder, which helps when looking to avoid a 5 second call.

As Diaw makes the catch, Raymond Felton pops out to the wing to get the ball and start the offense.  Away from the ball Gerald Wallace sets a backscreen for Stephen Jackson.

As Jackson gets to the opposite block, he sets a backscreen for Larry Hughes.

After that screen, Boris Diaw sets a screen for Jackson who is curling to the top of the key.  So we have a screen the screener set, which is something Larry Brown really enjoys doing out of a timeout. See an example below:

Mickael Pietrus went under the screen, and that is what frees up Jackson for the three pointer.  This is a real good look, one you would expect Jackson to knock down, but he was just unable to do it.  I like going for the quick three here (if you can get an open look), because if you knock it down you have a 2 point lead with a very good defense to try and get a stop.  If you miss, there is still plenty of time to extend the game, and the most you will be down is 3 points.  Just a shame he missed.