People are grossly underrating Watts and grossly overrating draft picks.
Watts had a bad start to the year (his fault) and a bad finish to the year (not so much his fault) but still finished fifth in this board's voting. People are also forgetting how good he was last year. It's frustrating that he can still be inconsistent after so many years on the list, but when he's been playing well (which is more often than not over the last couple of years) he's a very important part of the team and a potential match winner. With mercurial forwards, you sometimes need to accept the reality of inconsistent output, no matter how hard they're working (though it would be nicer, of course, if we knew Watts was definitely putting in the hard yards).
With draft picks, history shows us that there's very little difference historically between the success rates of a pick in the high 20s and a pick in the mid-40s. If you wouldn't trade Watts for pick 47, then you shouldn't trade him for pick 22 either, because historically pick 47s have actually been more successful. I'll take Watts' half a season of garbage and half a season of brilliance over a kid who has a >50% chance of being delisted before making it to 50 games.