Re-stating my (Cecil's) point for clarity: Holt has only once been a top 5 receiver in regular scoring leagues. To draft him top 5 this year, you need to believe he'll be at least as good or better in 2007 than he has been before.
Holt finished in the top 5 in 2006; he was tied with Driver for 5th. In 2005, he was 2 points behind Galloway for 5th. In 2004, he was 4 points behind Harrison. In 2001, he was 11 points behind Moss. And in 2000, he was 4 points behind Alexander.So you have a guy who has finished no worse than 11 points behind the top 5 in
6 out of the past 7 years. It's quite disingenuous to say "he's only finished top 5 once" and ignore the fact that he's been among the top producers at his position for that entire time. I'm not going to run the numbers right now, but I'm pretty sure Holt is the #2 fantasy point producer over the past 7 years, behind only Harrison.
There is also a more fundamental fallacy, which is assuming that Holt not finishing in the top 5 in the past means that there are 5+ WRs
this year who should be selected ahead of him. Here are the other choices:
Steve Smith (only 1 top 5 performance, and finished #8 last season, behind Holt)
Chad Johnson (3 top 5 performances, a legit choice)
Owens (two years older than Holt, new coach)
Harrison (fine)
Wayne (only 1 top 5 performance)
Why should Smith be selected ahead of Holt? Why should both Harrison and Wayne be selected ahead of Holt? Do you really want Owens over Holt?
The next tier of WRs are frankly ridiculous to choose ahead of Holt; Fitzgerald, Roy Williams, Boldin, Housh. Holt is as talented as any of those and is in a better situation.