It's getting way, way blown out of proportion. It's not any worse than 2011 or 2014 and the mid round is supposed to be deeper.
Just because a draft is 'weak', doesn't mean a team can't find good players. I realize that outside of Landeskog, Colorado whiffed in 2011 (and 2008, and 2010, and 2012, and 2014), but some teams did fairly well in the 2011 draft. These are all current consistently-playing NHL players, of varying importance, picked in the 2011 draft by specific teams:
Anaheim: Rakell, Gibson, Karlssson, Cramarossa, Manson.
Calgary: Baertschi, Granlund, Gaudreau
Chicago: Danault, Saad, Shaw
Ottawa: Zibanejad, Prince, Pageau, Dzingel
Tampa: Namestnikov, Kucherov, Nesterov, Palat
There's not a top 10 overall pick amongst the bunch (which is why I left out Edmonton and Florida, who both also did well in the 2011 draft, but with at least one really high top 10 pick). I get that some of these players are 4th line/3rd pairing types, but so what? Teams can find good players in weak drafts, even when they don't have a top 10 pick.
Edit: One mistake in there - Zibanejad was picked at #6 overall.