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The best philosophy, and I think it's close to what Caldwell's is, I'd probably call "Availability Drafting."  In which you determine who will be available later, and work towards building the roster best.

 

Let's say that WR is a very deep class.  BAP is WR in the 1st round, but in the 3rd round you can get someone who will still be a good WR. On the other hand the TE class isn't very deep.  You need a TE, and the player isn't going to last the rest of the round.  Then you take the TE over the WR.

 

Because that way, your roster becomes stronger overall and not in just one area. So what if you have four stud OT's if your TE's can't even get off of a jam. I'd rather have serviceable yet productive players all over the roster instead of enormous strength at just one or two positions.

 

This does not preclude the need for playmakers, I was simply making a point.

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