Patrick Poulin
Kris Beech.
Denis Shvidki
Jani Rita
Martin Samuelsson
Nikita Filitov
Lauri Tukonen
Rotislav Olesz
Gilbert Brule
The 99 draft was bad for me.
the 99 draft was full of busts. besides the sedins, virtually the entire first round was horrendous. and back then, it was supposed to be a very strong draft. you mentioned kris beech (who btw ron Wilson mentioned the capitals had tanked that year and that's who they wound up with), shvidki and rita, but there's also patrik Stefan, pavel brendl, Jamie landmark, brian finley, plus many more who were expected to make a big impact.
someone above mentioned nail yakupov. I suppose that's the biggest bust since alexander daigle.
it's tough to bring up too many busts from older drafts, since it's not till much more recently (say the turn of the century at the earliest) that teams got drafting down to a T and you saw fewer bad first round picks. before that, take a look at the first rounds, very few star players taken, which was taken advantage of by teams like the red wings that were ahead of the curve with drafting.
one player that comes to mind that should have been much better is brett Connolly. I remember how much I paid in my fantasy league to acquire him after he was drafted. hasn't amounted to much, although recently I heard that steve yzerman never really wanted to pick him, and was convinced to do so by his scouting staff. should have trusted himself!!!