You still might feel that way and no way you'd do the trade but he's been pretty clear it's not a random 2020 1st, it's a top 4 lock.
I personally have had a lot better experience with picks working out when I target middling playoff teams in the FFPC draft playoff format. Seems like every year I get a surefire future top 4 pick it almost always ends up as pick 4-6 in FFPC. Usually the teams are so bad they can't win a draft playoff game. Also you have to be a bottom two team to lock in a surefire top 4 pick so a few times I've thought it was a lock top 4 pick but the team was like the third worst team in the league and not one of the two worst, did not get a draft playoff bye and stunk all their way in draft playoffs to 5-6.
I've landed probably 6-7 top two picks over last few years and almost every single time it was from a middling playoff team, a team where I felt was around like the 6th best team in the league and those picks were usually obtained for a later first. 1.7 was highest pick I ever gave up for a future first, that was last year and got me back 3 this year but I only did that because I had other considerations such as getting a pick in round 2 in an area I had no picks and wanted to one.
So right now as bad as this draft looks especially with lack of sure thing feel to top few picks I'd not be able to equate 1.2 to a sorry teams 2020 #1 just yet. I'd rather sit on the pick and let it percolate before I could assign it that value. But I would in a second give up a middling first this year for a #1 from a middling teams 2020.
This is an entirely fair assessment and I don't mean to shine the spotlight on myself too much, but feel the urge to add info.
Here is the team whose 2020 1st I just acquired post trade:
QB- Brees, Stafford
RB- Kerryon, Cohen, Duke Johnson
WR: Golladay, Marvin Jones, Tate, James Washington
TE: Ian Thomas
Picks: 1.02, 1.09, 1.10, 1.11, 1.12
The picks give him a decent future but this team is awful in 2019. Next best players are Crowder and MSV.
I'm all in on 2020. I think there are 4-7 guys who would be the 1.01 this year. I now own the 1st for the two worst teams in our league, plus my own which is probably a non playoff team but is a real contender for the 1.01 in FFPC.
If this trade is Cohen, Metcalf/Jacobs, and like Harmon for Etienne/Shenault/Jeudy and (not gonna say my 1.05 but I like it), plus a 2nd in a VERY deep draft that would be a 1st this year in my estimation, I feel like it's an easy win.
I wish I could got more value but I'm trusting my plan and draft class evaluation.