Not so much, says At The Hive. An excerpt:

The reason Chris Paul (and Dwyane Wade and LeBron James) are so good is because they can be incredibly efficient on offense while using a ton of possessions. This is why they are given a ton of possessions. Rondo has the process precisely backwards. And before we dispense with Rondo, one more thing:

Rondo, career usage: 18.3%
Paul, career usage: 24.8%
Rondo, points/100 possessions: 108
Paul, points/100 possessions: 124

So not only would Rondo be worse than Paul if he were able to sustain his current efficiency and were given Paul's usage (unlikely), he wouldn't be close.