The firsts we've traded away since 2011 have turned into Duncan Siemens (COL), Emile Poirier (CGY), and Jack Roslovic (WPG). In return, we've gained Shattenkirk, Stewart, Rattie, Ott, Miller, and Bouwmeester. That's not a bad swap.
Duncan Siemens for Ty Rattie is a trade I would still make today, and I'm not a fan of Rattie. For #11 overall, that was a horrible pick by the Avs. The 2011 draft wasn't the strongest. There were a few names that were appealing that we could have taken instead of Siemens at #11, but maybe only one or two of them would have contributed to our team the way that Shattenkirk and Stewart have/did. J.T. Miller or Rickard Rackell would have been my pick at #11.
#22 in 2013, along with Reto Berra and Mark Cundari, got us Jay Bouwmeester. Undoubtedly, J-Bo is more valuable than any of those pieces alone. Emile Poirier is an AHL-lifer, but had the Flames taken Burakovsky, Dano, or even McCarron or Klimchuk, I might feel a little worse about it. The worst part about this trade is it forced us to overcompensate in the second. We traded Bishop for #47 (Tommy Vannelli), and picks #83, #94, and #113 for pick #57 (William Carrier). Then later, we figured why not ball out, and traded our 7th rounder (#203) and 2014 #112 (which ended up being Viktor Arvidsson, perchance to dream) for Zach Pochiro. So, in a way, we traded a 7th and a 4th for #1 overall. I'd still rather have Arvidsson. Nevertheless, the 1st rounder here doesn't hurt that bad.
The 2015 one is the one that hurts the most. Giving up our 1stie on one of the best drafts in recent memory was brutal. It was like sitting out Christmas morning and watching all of your friends open the coolest presents ever. The pick we sent to Buffalo for the Miller experiment ended up in Winnipeg, who used that #25OA for Jack Roslovic. A big, right-handed centerman would be really nice right now. Even if we hadn't taken Roslovic there, there are a dozen names in the early 2nd that would be great to have at that spot as well, not to mention the potential to trade up a spot to nab Konecny. Yeah, this one sucks in retrospect. I still respect the move regardless; it took guts to try to hit the home run ball here, and we failed (brutally), but I respect the decision to swing for it. I know that's an unpopular position round these parts, but it's how I feel about it.
So, the point to all of this is that but for one pretty glaring exception, we didn't really miss out on anything of value with those 1st rounders we gave up. Bill Armstrong has kept us afloat despite of those losses, and we'll continue to rely on him to stock the pools in whatever circumstances. At least we didn't lose that other firstie in the Miller trade!