I agree with whomever said this decision will have HUGE ramifications. I think it MAY NOT be a big issue right now, but once the lockout is launched, it won't be long before this 2005 draft issue becomes a very hot topic. In another year, it might not have been, but with Sidney Crosby as the prize, it's going to be really interesting to see what happens. Let's not forget about WHA 2 starting up, and allowing 17-year-olds to play in their league. That means Crosby will get drafted in the league and, who knows, he might jump ship a la Gretzky.
I don't agree with moving the age up to 19 or 20. If there's one player every year good enough to play at age 18, it should be reason enough to keep it at 18--not to mention the legal implications. Also, players that are NOT READY at age 17-18 should NOT opt-in...that should start to be used more and more. Better that than to have to wait four years for guys like Crosby and Ovechkin, who might have cracked an NHL roster at 16 (not advocating moving the age down to 16, so don't call me out on that!).
Also agreed with having EVERY NHL club have a crack at No. 1 in 2005, should there be no season. Hey, if there was a season, every team would have a chance at Crosby, even though you wouldn't expect Detroit to finish last (or have enough assets to pull off a deal for someone else's top pick). So, if no season, everybody should get a crack at it. Maybe the lottery could be weighted based on past results of teams having picked first overall. In other words, if you've NEVER had the first pick in the draft since 1969, you'd have the most balls in the bin. Something like that might be fair. The downside? Most of the teams that haven't chosen first overall over the years are teams that favor other means to build their rosters (cough, ahem, Toronto).
Anyways, this issue will become a powder keg sooner rather than later, and a lot of it has to do with Sidney Crosby, IMHO.