Lurker,
I think it was a mistake to take Grant Hill so early. Instead of Hill, you could have gotten the likes of a Stephon Marbury, Steve Francis, Chauncey Billups, or Kirk Hinrich for your point, and used your 5th round pick for Grant Hill, who'd have still been there. Hill might have even been there in round 7.
With Carter being injury-prone, Okafor's back acting up on him again, Hill hurt already, and aching/aging Sam Cassell, and Ilgauskus (who missed his entire rookie year, 45 of 50 games in 98-99, the entire 1999-2000 season, 58 games in 00-01, and 20 games in 01-02), I think you're taking some awfully big chances in early rounds while bona fide stars are out there.