Just drafted him in a heavy FBGs league, mainly on the Welker news. I felt like after last night he looked solid and even if Welker does come back, he is one hit from being gone for a long time. I made a mistake waiting one round too long on Latimer, but Latimer is a rookie, so Sanders absolutely benefits even more in terms of targets.
For reference for others drafting soon, I got him at 4.10 as my 3rd WR (2 keeper league, kept Harvin). The next WRs taken after him were Welker, Wallace, Tate, Boldin, Wayne, Decker (me), Bowe, T. Austin and Terrance Williams. I thought about Wallace, but liked Sanders upside.