Some great points in here, I have enjoyed reading them.
Muahahaha,
You're argument makes sense, but ultimately I don't like it........here's why. You admit that going into your draft you are overpaying for Manning, that's not the way you win championships consistantly, period.
You may have an average team, you may not finish worse than those that take a chance at 2 solid RB's because they go on IR.........but 1 or several teams will draft those 2 solid Qb's and find a QB to help the team along with the receivers and they will be the teams that win it all.
Starting your draft by admittingly overpaying for a player is not the way to go IMO.
Please don't make me the Manning-in-the-first-round poster child. I am not advocating drafting him in the first round. I just don't think it is the bust move everybody makes it out to be. You are overpaying, but you are also reducing risk. You are not swinging for the fences for a top RB, but you are also eliminating the possibility of a Barlow last year, JLew this year. The risk is lower, and the expected value is lower. It's like putting your money in TBills instead of Google. You may not choose this route, but there are others that prefer rock solid picks in the first few rounds and fliers late.
You and others are advocating a more risky "bet it on black" approach to the league championship. OK, fine. That is your choice. It is the strategy you prefer. But it is clearly not the ONLY strategy.
Believe it or not, there are people that will sacrifice 3-5 FF pts. game in the early rounds in order to build a rock solid team. What is wrong with that?
[bTW, in my WCOFF satellite, with a $200 buy-in, C-Dubers took Peyton third overall. He currently leads the league. He started with Peyton, LaMont Jordan, & Harrison. He got Steven Davis late. So, solid QB early, flier RB late. Is that really that different than solid RB early, flier QB late? Who am I to say, he is leading the league...]