In reply to Hendo;
The number 1 draft pick, Davis for the Hornets, is going to be a star. Once in a generation type they say, think Tim Duncan, Shaq, Jordan, that sort of level. Franchise corner stone. After that it is a bit of a crap shoot. Some could be all stars, some could drop out. I think pretty much though the first 5 guys should have long and productive careers, their teams would be pretty disappointed if they did not. MKG (2nd pick) and Robinson (5th pick) are the two guys that I think are the most NBA ready and will probably challenge the most for the ROY this year. Well, that seems to be the consensus anyway.
Indiana, well who knows. But they have found some gems the last few years (Hibbert, Granger, Paul George, Tyler Hansbrough) with not great draft position. Then again that was when Larry was in charge, who knows what has happened now.
Teams take guys from Europe for a couple of reasons; 1) they might think they are super talented and are happy to wait (Ricky Rubio). 2) They might not want someone who comes over right away and are happy to stash them there and let them grow.
Hope this answers you questions.