Why Sidney Rice so high? 1) Horrible passing offense 2) Rice didn't really stand out this season 3) Looks like a #2 NFL WR
Rice's value rests mostly on the future. He's barely 21 years old and he flashed enough potential as a rookie to make you think he might eventually become an elite WR in the NFL. I disagree that he didn't stand out this season. He made several highlight reel grabs and generally had a good season for a rookie underclassman WR on a terrible passing team. I also don't know if I agree with your claim that he looks like a #2 NFL WR. I wish he had a little more speed and burst to run short routes, but he has big time jump ball skills and athletic ability. The fact that he plays on a horrible passing offense is almost irrelevant for dynasty purposes. Situations fluctuate in the NFL. So while the Vikings aren't a good passing team right now, they might be leading the league in passing yards in 2010. You generally can't bank on a player's situation in the long-term. What you can bank on is his talent.
Guys like Cotchery, Welker, Hackett, and certainly Jennings should be rated several spots higher than Rice in dynasty. Rice isn't even in their tier........

I'd argue that Rice has more raw talent than all of those guys with the possible exception of Jennings. Welker is a slot WR whose success is largely the result of an ideal situation and a huge number of targets. Cotchery is merely a good possession WR. Hackett has proven nothing. Rice is a home run pick where I have him ranked. The odds of him busting are higher than most of the WRs ranked 15-30, but he has more upside than most of those guys. He's a player who could conceivably be a perennial top 10 WR some day.
Honestly, I can't see who I'd compare Rice to who is a legitimate #1 WR......maybe a poor man's Braylon Edwards........but not quite the fearlessness nor the consistency in his routes, nor the RAC ability. Could one day become a solid #2, ala Alvin Harper, but just like Harper, this guy is miscast as a #1. Most of the guys looked at as #1s aren't real #1s. A true #1 strikes fear into defenses and demands double-teams on a routine basis. All I know is that strong possession guys who can catch 85-100 balls, score more fantasy points than pretending #1 WRs who catch 60-75 balls. It's tough being a #1 in the NFL, and not every team has one. See T.B. (sorry joey gall), S.D., Mia, Phi, Atl, Chi, Sea, S.F., Jax, Ten, Pit (nope, great #2s), Oak, Bal, Jets, Wash, and Min.......A guy like Bowe is more likely to become a true #1 than Rice, IMO, and I honestly like Rice.......just not nearly as high as you have him here