Hmmm, interesting argument. I've read through Freakenomics before and it's a pretty interesting book, finding correlations with things that otherwise seem unrelated.
From his point I guess the argument is that if you have more of a need at a position then you can justify going after a that position in an earlier round even if it has a higher bust rate? So say the Cowboys have a need value of 5/10 at WR and the Chiefs have a need value of 8/10 then the Chiefs are more justified in going after a WR in round one despite the high bust rate. Am I understanding that correctly?
And I know pretty much nothing in regards to Bill Jame's work with defensive baseball stats, can you explain that a little?