First let me start where you ended. No one, and I mean no one ever thought that Durant would end up being the next Mike Dunleavy. At least no one with any ability to judge talent. I'll admit that Durant ended up being better than I thought he would be, but I never doubted he would be a very good player. I don't expect you to sit and watch college games the way that I do. Thus, I feel some responsibility to impart some of what I see, by posting on this forum, and you or anyone else can take it for what you pay for it.
While the 1996 draft is noted for being one of the deepest overall with talent from top to bottom, it isn't noted for being top heavy with sure fire stars, or potential superstars. As a matter of fact, a lot of the stars of that draft were almost unknowns to the general public. Players like Peja, Kobe, and Nash, weren't big names back then. Iverson and Camby were the two big names along with Marbury, Abdur Rahim, and Antoine Walker.
Two of the best drafts in my opinion came back to back in 2003 and 2004. The 2003 draft included such notables as Lebron James, Carmelo Anthony, Chris Bosh, Dwayne Wade, and Chris Kaman. Later in that same draft came David West, Kirk Hinrich, Kendrick Perkins, Josh Howard, Nick Collison, and Carlos Delfino. The one major bust in that draft was Darko Milicic.
The 2004 draft was equally loaded with Dwight Howard, Emeka Okafor, Ben Gordon, Delvin Harris, Luol Deng, Andre Iguodala, Kris Humphries, Al Jefferson, Kevin Martin, Dorell Wright, Josh Smith, Anderson Varejao, and Tony Allen. All drafts are not created equal. There are very good ones, where if you do your homework, you'll get a good player, and possibly a star. Then there are drafts where the talent level is so bad that players that would at the bottom of the first round or even in the top of the second round in the 2004 draft, are in the top ten of their current draft.
This next draft is comparable, at least on paper, to the 2003/2004 drafts. In other words, the chance of getting a franchise changer is far better than in most years. So that being said, this is a draft that would reward you for having a high pick. lest we forget, all the players playing in the NBA, except for a few, came into the league through the draft. So to discard the draft as some irrelevant event that occurs once a year is fool hardy. It can, if your smart and put in the work, become an important way to not only build your franchise, but maintain it.