I think it's interesting to go back to the Jimmy years, and look at some of those drafts. Sure, we hit on a number of picks, but most of them (Lett and Brown being noteable exceptions) were in the first 3 rounds, where we had multiple picks. Past that, there were a lot of major busts. Of course, Jimmy was always the first to admit that the main reason for their success was simply the fact that they had so many picks.
There's always more to the story.