I knew some clown would chime in with this.
Exploiting a loophole and drafting well are two entirely different things. The poster I was responding to outright said that his DRAFTING RECORD was "elite"; thus I was responding to that statement and ONLY THAT statement. Even the worst drafting team in the league can draft well if you give them enough picks, that doesn't make them an "elite" drafting team. It is incredibly important to differentiate between those two realities, because in our case there was a clear correlation between when we had an ass-load of picks and when we were pumping out results. When the picks went away, suddenly our success was no different than anyone else's. How can you possibly argue that our drafting was "elite" when almost every position player we drafted with a top pick flopped (Thon, Sweeney, Hawkins, DJ Davis, that OFer that was permanently injured, etc)? Yes, we hit on some pitchers, but we missed on just as many (or more) than we hit on (which should be expected, I'm not knocking them on that).
Overall, we were a good drafting team, but far too flawed to consider "elite". Teams like the Cardinals who enjoyed no extra picks and picked much lower than us every year yet still produced MLB contributors were better "drafting" teams than us.