http://forums.footballguys.com/forum/index...howtopic=246784
Visit this interesting strategy thread started by wannabe in the AC Forum. The first post links pretty much every other post in the thread to the specific strategy topics being covered. You'll find some excellent theory and analysis about what to do out of the #1 Slot...
Consider the option of trading down. Twice. If you're trading out of the #1 Slot this year, you should be trying to work deals with the Teams in the #4 and # 5 Slots - you're working your way down into Portis/Tiki territory and giving the guy with those options the chance to draft his choice of the 'Big 3' he's just missing out on with his current pick. Unless you're dealing with a savvy drafter, you ought to be able to talk this Team into giving up plenty of real estate for this opportunity.
Your second trade is to move into the last 4 picks of the 1st Round, or out of the 1st round entirely. Once again, you are affording someone sifting through less than stellar options the opportunity to grab Portis/Tiki (or even SJax, who's on the rise as we speak). You're trying to sell them a Slot where there are still obvious standout picks, as opposed to having to weigh options and analyze between not only a crew of players, but between positions. Once again, if you are a halfway decent salesman, and not dealing with FantasyEinstien, you should be able to walk away with a bundle in return - both extra picks in the 1st half rounds of the draft, as well as in-round improvements in draft position.
You don't have the 1st overall pick any more, but you more than make up for it in the material gained by having more and better picks than anyone else in your League for the first 8-12 Rds of the Draft - use your advantage to build a core which will weather the storm of an entire season, as opposed to just building around one player with picks 24,25 and 48, 49 (your normal 2-5 picks in a 12 team serpentine)...
Although this is a strategy I've employed in the past with success, it's not for everyone (it can be very difficult to part with that pick, and I can't blame anyone for wanting to use it), this is just a contrarian idea for chewing on considering what to do with the pick besides just using it. Personally, I feel it has more value as a trade commodity, and if you can trade down, and then out, of the first round, the amount of material you gain can go a long way towards winning a League Title, provided you feel you are a decent drafter...