I had them both very tight when I did my rookie draft. Ended up taking Moncrief. I may end having buyers remorse, but what I read about them I had a very difficult time separating them. I won't attempt to BS anyone that I've watched a lot of tape. But I have read up on a number of scouting reports to get the pros and cons.
Moncrief has the physical size and athleticism that could be special, but the knock on him is his hands. And like you said about DHB, you can't teach hands. Latimer has some speed, but not the physical attributes to reach Moncrief's ceiling. But the fantasy experts are really hyping him and Bloom loves him.
Situation is close for both of them. I'd prefer the WR that is potentially going to be the next Reggie Wayne than the next Manny Sanders, so in that oversimplified case, I'd take Moncrief. That and Manning's window is closing. It's ultimately why I chose Moncrief, but I admit I could be 100 percent wrong.