You're unwittingly making the argument FOR auctions. Getting one of the coveted elite players "costs more" in auctions than it does in drafts. That's where some of the strategy and leveled playing field thoughts come in. Instead of being given the gift of a top 3 RB, you have to pay (literally) for their services.
To keep the example simple, let's assume that the first four rounds are where draft position really matters. Let's also assume a 12 team league, using FBG scoring, in which all participants draft straight off the VBD App cheatsheet.
After four rounds, the guy with the #1 pick has this team - LJ, Jamal, Fitz, and DJax, for a total "value" of 365.
The guy with the 12th pick has Bush, Westbrook, Wayne, and Dillon, for a total "value" of 247.
In a draft the remaining picks of these two teams should be about equal (could argue that #1 has slightly higher value since he has the very next pick, but I won't). So thanks to the luck of the draw, the guy picking first has nearly a 120 point lead.
In an auction these two owners could have these exact same first four players, and again the #12 guy would be facing a deficit. The difference is in an auction, he should have 33% of his money left, whereas the #1 guy only has 25% remaining. (again using the VBD app)
That's how the auction levels the playing field.
You make a good argument, but what it really comes down to is that no matter what if you dont know how to identify breakout players, sleepers and good value, you wont win in any format. These players can be had in any draft format - and these players are the ones that win titles. Last year, I had the first pick (14 tms), took LT, came back with Holt and Javon Walker. LT faded in the playoffs and Walker went down in week 1 - I still won my league. Why? Because I drafted guys like Shockey, Galloway, Stallworth & Thomas Jones. Depth wins, not draft position.Even though auction may level the playing field as you say, I dont think the "advantage" of this is enough to make serpentine drafting irrelevant. I dont care where I pick in a snake draft, I know I will make the playoffs in any draft position, Ive done it time and time again. To me, guys that complain about their draft position just don't know what their doing when it comes to drafting, and end up out of the playoffs every year.
That said, Ive done auctions and I DO like this format as well. I just have a preference for serpentine drafting. To me auction drafting is anticlimatic. The best part of the year IMO is the draft - the serpentine draft that is.