Here's my best guess at the 1st round draft order, as well as rounds 2 through 5.
The order assumes San Jose over Detroit (up 2-1), Anaheim over Vancouver (up 2-1), Buffalo over New York Rangers (up 2-1), and Ottawa over New Jersey (up 2-1). This could change very quickly though, and effect the order. The final four order is anyones guess at this point...
Round 1
1. Chicago Blackhawks
2. Philadelphia Flyers
3. Phoenix Coyotes
4. Los Angeles Kings
5. Washington Capitals
6. Edmonton Oilers
7. Columbus Blue Jackets
8. Boston Bruins
9. St. Louis Blues
10. Florida Panthers
11. Carolina Hurricanes
12. Montreal Canadians
13. Toronto Maple Leafs
14. Colorado Avalanche
15. Edmonton Oilers (From New York Islanders)
16. Anaheim Mighty Ducks (From Tampa Bay Lightning)
17. New York Rangers
18. Calgary Flames
19. Minnesota Wild
20. Pittsburgh Penguins
21. Phoenix Coyotes (From Dallas Stars)
22. Philadelphia Flyers (From Nashville Pedators)
23. St. Louis Blues (From Atlanta Thrashers)
24. Vancouver Canucks
25. San Jose Sharks (From New Jersey Devils)
26. Detroit Red Wings
27. Ottawa Senators
28. Montreal Canadians (From San Jose Sharks)
29. Edmonton Oilers (From Anaheim Mighty Ducks)
30. Washington Capitals (From Buffalo Sabres)
Round 2
31. Buffalo Sabres (From Philadelphia Flyers)
32. Phoenix Coyotes
33. Vancouver Canucks (From Los Angeles Kings)
34. Washington Capitals
35. Chicago Blackhawks
36. Edmonton Oilers
37. Columbus Blue Jackets
38. Boston Bruins
39. St. Louis Blues
40. Florida Panthers
41. San Jose Sharks (From Carolina Hurricanes)
42. Montreal Canadians
43. Toronto Maple Leafs
44. Colorado Avalanche
45. Washington Capitals (From New York Islanders)
46. Tampa Bay Lightning
47. New York Rangers
48. Colorado Avalanche (From Calgary Flames)
49. Dallas Stars (From Minnesota Wild)
50. Pittsburgh Penguins
51. Ottawa Senators
52. Los Angeles Kings (From Dallas Stars)
53. Columbus Blue Jackets (From San Jose Sharks)
54. Nashville Pedators
55. Vancouver Canucks (From Atlanta Thrashers)
56. Vancouver Canucks
57. New Jersey Devils
58. Colorado Avalanche (From Anaheim Mighty Ducks)
59. Detroit Red Wings
60. Buffalo Sabres
Round 3
61. Philadelphia Flyers
62. Phoenix Coyotes
63. Dallas Stars (From Los Angeles Kings)
64. Montreal Canadians (From Washington Capitals)
65. Chicago Blackhawks
66. Pittsburgh Penguins (From Edmonton Oilers)
67. Columbus Blue Jackets
68. Boston Bruins
69. St. Louis Blues
70. Florida Panthers
71. Carolina Hurricanes
72. Montreal Canadians
73. Toronto Maple Leafs
74. Colorado Avalanche
75. New York Islanders
76. Tampa Bay Lightning
77. Atlanta Thrashers (From New York Rangers)
78. New Jersey Devils (From Calgary Flames)
79. St. Louis Blues (From Minnesota Wild)
80. Nashville Pedators (From Pittsburgh Penguins)
81. Ottawa Senators
82. Los Angeles Kings (From Dallas Stars)
83. San Jose Sharks
84. Philadelphia Flyers (From Nashville Pedators)
85. Atlanta Thrashers
86. Philadelphia Flyers (From Vancouver Canucks)
87. New Jersey Devils
88. Anaheim Mighty Ducks
89. Detroit Red Wings
90. Buffalo Sabres
Round 4
91 Anaheim Mighty Ducks (From Philadelphia Flyers)
92. Toronto Maple Leafs (From Phoenix Coyotes)
93. Los Angeles Kings
94. Washington Capitals
95. St. Louis Blues (From Chicago Blackhawks)
96. Edmonton Oilers
97. Anaheim Mighty Ducks (From Columbus Blue Jackets)
98. Phoenix Coyotes (From Boston Bruins)
99. St. Louis Blues
100. Pittsburgh Penguins (From Florida Panthers)
101. Carolina Hurricanes
102. Phoenix Coyotes (From Montreal Canadians)
103. Toronto Maple Leafs
104. Colorado Avalanche
105. New York Islanders
106. Tampa Bay Lightning
107. Vancouver Canucks (From New York Rangers)
108. Los Angeles Kings (From Calgary Flames)
109. Minnesota Wild
110. Pittsburgh Penguins
111. Ottawa Senators
112. Dallas Stars
113. San Jose Sharks
114. Nashville Pedators
115. Atlanta Thrashers
116. Buffalo Sabres (From Vancouver Canucks)
117. New Jersey Devils
118. Anaheim Mighty Ducks
119. Pittsburgh Penguins (From Detroit Red Wings)
120. Nashville Pedators (From Buffalo Sabres)
Round 5
121. Philadelphia Flyers
122. Phoenix Coyotes
123. Los Angeles Kings
124. Washington Capitals
125. Chicago Blackhawks
126. Edmonton Oilers
127. Columbus Blue Jackets
128. Boston Bruins
129. Boston Bruins (From St. Louis Blues)
130. Florida Panthers
131. Carolina Hurricanes
132. Montreal Canadians
133. Toronto Maple Leafs
134. Colorado Avalanche
135. Dallas Stars (From New York Islanders)
136. Los Angeles Kings (From Tampa Bay Lightning)
137. New York Rangers
138. Calgary Flames
139. Minnesota Wild
140. Pittsburgh Penguins
141. Ottawa Senators
142. Dallas Stars
143. San Jose Sharks
144. Nashville Pedators
145. Vancouver Canucks (From Atlanta Thrashers)
146. Vancouver Canucks
147. Calgary Flames (From New Jersey Devils)
148. Anaheim Mighty Ducks
149. Detroit Red Wings
150. Columbus Blue Jackets (From Buffalo Sabres)