Free agency is always an issue as it relates to getting all-star stud tye players to sign. But if you are one of the trully crap teams, like last year, you can still add to your team. You can only fall so far in the draft.
That's why we are better off tanking hard. If Colangelo would have shot for 8th place this year, we likely would not have money to spend, nor even the prospect of a high pick.
Bottom line, even if they fell in the draft, spending cap money properly, using your assets, adding JV and adding someone like Kidd-Gilchrist (who isn't even expected to go that high) definitely doesn't make your team worse. I also think there could be a decent pick added in 2013 because young teams don't tend to torch the league right away.