Being bad should also cause you to trade your older guys for picks and giving you additional draft picks so you actually increase the chances of success. Having high second round picks should also increase your success rate over picking in the 50-60 range. You could also sign veterans to one-year deals and trade them at the deadline or you could take on bad contracts and receive additional picks or prospects.
As I said before, our farm system looks like this of a top team. The high end first have gone straight to the Canucks without touching the AHL (except Juolevi who trends in the wrong way), a lot of picks have been dealt for quick fixes or reclamation prospects or placeholders, no additional picks of significance have been acquired. It is not looking much different as if we had constantly dealt 1st and 2nd round picks away for deadline rentals.