Should be an elite backcourt. Malik Monk will have to go through the same process that Jamal Murray did on his way to becoming the premier 2 guard in the country, and a very elite NBA prospect. Will have to focus more on the defensive end (his ceiling on defense is 10x Jamal Murray's ceiling at that end, I think we'll all agree), because by all accounts, when he's locked in and plays tough defense, he's incredibly difficult (and impossible for some players) to penetrate the lane against.
He'll need to take more efficient shots. When he gets his feet set, he shoots an elite percentage from the NBA 3 point line. That number drops significantly when he shoots off the dribble, but he's still better than pedestrian if he shoots 1 dribble pull-ups. Luckily for him, Calipari will only allow him to shoot off the catch. It's rare (and I mean really rare) that you see an isolation 3 point jumper out of any Kentucky team, and I expect that trend to continue, to the benefit of both Monk and Fox (as they're both known for being much better 3 point shooters off the catch, but especially Monk).
I think Monk offers more than Murray in the ways of both getting to the rim and scoring, and making plays. Should see him log a few minutes at the point this year. Phenomenal playmaking abilities that don't get displayed much. Calipari recognizes that's how he'll make his money in the NBA, so he'll likely get in a good amount of point guard training. The passing ability that Monk possesses though really shocked me in the All-Star circuit. He just needs to focus on making good decisions and winning plays, and he could realistically become the top point guard prospect in the NBA draft while playing 2 guard for us all season long.
He's not going to score as many points as Murray did, obviously. Different kind of team, this one should actually get a good amount of post scoring and I foresee the bigs getting up a lot of 2nd chance points, but Monk could have close to 17 points per game on some really, really good percentages. Like Murray, I expect his numbers to be much better at the season's end than at the beginning due to Monk learning to become a more efficient basketball player, but his ceiling is higher than Murray's due to his range, elite athleticism as it compares to every level of basketball, and overall skill.