IDK about that. If we had 1-5 we could take Lebron, Mililic, Carmelo, T.J. Ford, or Bosh. That wouldn't seem like a waste to me.
It's very unlikely that we would get to trade up for one of those guys. Packaging both picks or a player could get us into the running for players who are not too far off like Ridnour, West(the guy av. 20ppg and 11rpg and nbadraft.net has him going 1 pick before us!) Hinrich, or Collison.
Any time you take a player from the draft it obviously not a sure thing. Its a risk because they haven't played nba ball yet. But to say that anyone we pick will be garbage is ridiculous. Kobe, KG, and Duncan were all in the draft once too. They didn't turn out to be garbage.