I think that you are fetishizing those two based on a few draft rankings, which teams themselves obviously disagreed with based off of how the draft went (most notably Kelley who definitely wasn't viewed anywhere near as highly on team boards as he was on sites like MLB.com). Both guys signed for ~19th-23rd overall slot money - if they were can't miss "Top 10-20" talents then they would have went in that range, since they were both signable for money in that range. What that means is that there really isn't much actual "difference" between those two and Van Eyk to justify punting the remaining three picks. I have a very hard time believing that Jared Kelley is likely to outproduce Van Eyk+Palmer+Frasso...if that was the belief, he would have been drafted accordingly; not slipping into the 40's and passed up by a bunch of teams that had the money to sign him for $3 million.
Not fetishizing at all. They had legit talent and fell due to sign-ability concerns and in most cases prospects do that on purpose so they can land with a specific team - see Bo Bichette from the 2016 when he went in the 2nd round. Or a specific team was willing to pay them more in the pre-draft. If Wilcox and Kelley said they were signing with anyone then they go in the first round. White Sox and Padres could have liked these guys but not better than Crochet and Hassell respectively or they manipulated the draft by taking underslot guys early because they knew they had Wilcox and Kelley in the bag later in the draft.
MLB draft boards dont fall like the other big 3 leagues (maybe hockey with Russian players), you know that. Its why a guy like Martin went 5th, Baltimore and Miami wanted to spread their money out. Lacy was just higher on KC's Board. No one said they were "cant miss" - im just saying i like their stuff and upside over the rest of the Jays draft. As of now, Wilcox has the 15th highest signing bonus in the draft and Kelley tied for 19th with another HS arm in Bitsko. i doubt they got that much money based on a fetish - they have legit talent and upside.
. I have a very hard time believing that Jared Kelley is likely to outproduce Van Eyk+Palmer+Frasso...
To me the question is, what are the odds Frasso and Britton make the majors let alone are good enough to produce? Thats where the value could be had where a "punted" pick might still have the same risk/upside of a player like Frasso who has a lot prove or Britton who has an ok floor but a low ceiling.
So for me the question is, do you prefer Van Eyk and Palmer or Wilcox or Kelley? I take Wilcox or Kelley as they have frontline upside whereas Van Eyk is more of a mid rotational guy and Palmer is either a backend guy or a reliver.
I understand the logic of your question; but I don't think there is a wide enough gap in talent to justify what you are suggesting.
Its pretty much all i was asking. Its a legit question based on preference - quality vs quantity, thats all. If you think Van Eyk is close to Wilcox and Kelley then you stick with the Jays draft because Palmer and maybe Frasso give you more value. If not, then you roll the dice taking the higher upside player; quality over quantity.