The thing that scares me the most about this draft is how it could resemble the 2006 draft. Looking at the picks from 2006, nearly the entire draft a wasteland. Andrea Bargnani at #1 is a credible NBA player, although his contract makes him an albatross in Toronto. LaMarcus Aldridge is obviously an excellent player, but Rudy Gay is the only other player picked in the top 10 who is relevant in the league now. Of the top 20 players, 14 are either out of the NBA or barely hanging on.
I'm concerned that this draft is going to be a repeat of 2006. Each of the projected lottery picks has some serious flaws. Noel and McLemore look like the clear #1 and #2, but neither is a sure-fire star. By the time we get to the Wiz at #3, we find Otto Porter, a solid player with limited athletic ability; Anthony Bennett, a defensive sieve; Victor Oladipo, a promising role player who can't create his own shot; and Alex Len, a project who can't even work out now because he's hurt. It gets more questionable as we move down from there.
One player I find Intriguing is Gorgui Dieng. He's got great size and has established himself as a player who can make serious contributions to a top-notch team. He's 6-11, a great shot-blocker and rebounder who can hit midrange jump shots. He's clearly put in a lot of work on his game and his body, and he has a great motor on the court. This is the kind of guy I want on my team. I put less stock in concerns that he's 23 and therefor less likely to improve as much as a younger player. He's shown a great interest in improving himself and his game, and that suggests to me that he's likely to continue to improve. He may not have as high a ceiling as some guys in the draft, but it's not WAYYY lower, and he appears much more likely to reach it than many guys in this draft. (Bennett's disinterest on defense particularly scares me.)
If Noel falls to #3, I think we should grab him. But given the weakness of this draft, barring something like that, perhaps trading down would be better. If we trade down to the 14-20 range, Dieng most likely would be available. The question in this scenario would be what to demand in return. Next year's draft appears to be strong, so getting an unprotected #1 pick from a team that appears likely to struggle in 2013-14 (maybe Milwaukee or Cleveland) would make sense. Or maybe getting a big man prospect like Enes Kanter from Utah would work.
I'm not in love with this option, and I'm glad I don't have to make this decision in real life. But it's totally going to suck to realize in 3-4 years that we struck out again because we happened to get lucky to move up in a weak draft.