Re: the draft
I like both formats. I vote for doing both. Use current players for the group in this thread, and then start a whole new draft for people interested in taking a historical approach. The historical approach is more interesting, in my opinion, because it makes some choices tougher, especially if you're picking based just on their best season. For example, Vince Carter
from 2000-2001 is an amazing player. I might take him over a guy like Ray Allen. But, if we're taking their whole career into account, I'd easily take Allen.