Seabass, for what is is worth, you still might be correct. Hahn (the Isles beat reporter at the time) reported that the Isles wanted Peter Mueller but that Columbus planned to take him first. In other words, he wasn't always the most reliable source.
Well, just for ***** and giggles, I threw in my '04 Draft tape to see what I could get. This is the TSN banter immediately after the Preds took Radulov at #15.
Gord: Now comes the #16 pick, the New York Islanders. Very rare for a team to tip its hand before the draft, but Islander GM Mike Milbury, who never lacks for interesting comments, said: "We are going to shock the floor with our pick. We are going right off the board with our selection."
Bob: And the one thing he said we're not going to do is "we're not going to take a goaltender and we're not going to take a European."
Gord: Marek Schwarz? [laughs]
Bob: So you can [laughs] say they're going to take Marek Schwarz here, but Mike Milbury, a lot of people think he's interested in a player like a Kyle Chipchura, who is a real solid character player. That wouldn't be necessarily going off the board, but he also said while he thought it was a bit of a darkhorse, who he had, he wondered if he might not be gone by the time he picked.
Pierre: You know a darkhorse guy? Travis Zajac from Salmon Arm, going to the University of North Dakota. Tremendous offensive upside and he's got a lot of skill
[They discuss the Isle's scouts]
Gord: Mike's not going up.
Pierre: He knows because he made a bogey last year on Robert Nilsson.
[Isles take Nokelainen]
Gord: So much for no European.
Then they leave the topic and talk about who's got the most offensive upside out of Tukonen, Nokelainen, and Korpikoski.
I just remember the chatter in the HF chat room was all about the Coyotes being pushed into taking Wheeler at #5. The whole situation is awfully screwy.