I'm thinking the same way..
just at that draft I put players with 4 stars before 5 stars.. players with 5 stars not really the best players in the draft, they just have qualities collection and that not always include the main skills.. it also can be 6-7 at Stamina or FT but very bad Defense..
Because of that I'm inclined to the statistics as far as possible.. for example C 5 stars played 32 minutes but without any rebound all the game.. that not the ultimate center with all the qualities that center needs.. so the 5 stars could be result of good Passing or anything else.. not just main skills for that position..
and I think that the big wrong of most of the people.. and as you said, there is a a lot of luck, especially luck .
but that also about what the team searchs.. if I look just for make money from the draft so of course if I got rare gem like 5 and 5 in the list so he'll be listed on the first pick.. that rare and with the money I'll buy other trainee, more fitting for my requirements and even more cheap..
but I think the main point is maybe to make the draft more clear in the future.. to rely less on luck.. I hope you understand what I mean.