yep, 1996 has long since gone down as my answer for worst draft ever. Still, it shows that if you have a good scouting depeartment you can get a great draft out of a bad draft year. If you had the 5th worst pick in each round of this draft (22nd overall roughly in each round), you could still manage the following draft list:
(my personal pick for each pick)
1st round: Cory Sarich
2nd round: Zdeno Chara
3rd round: Tony Lydman
4th round: Michal Rozival
5th round: Robert Esche
6th round: Pavel Kubina
7th round: Tomas Kaberle
8th round: Ronald Petrovicky
9th round: Sami Salo
I know, very heavy on D and no way any team would draft that many D-men, but goes to show you what could still be had potentially even during a crappy draft and a crappy draft position.
As for LA, we got Josh Green, Marian Cisar, Eric Belanger, Steven Valiquette and Kai Nurminen, all of whom played in the NHL, though really only Green and Belanger became regulars, with Green being a borderline NHL player now due to injury mostly. Not a bad draft given the outcome of other NHL teams, but hardly a great draft either.