I understand your point and I completely agree that they should not get cute with their first pick, but what you’re saying is not exactly accurate. Let’s say they get cute and underslot Baty. All the other guys they draft would have been available (like you mentioned), but you also have this extra guy on top of those picks. If Baty turns out to be a superstar, then losing 100 games allowed you to get him AND get those other guys that would have been available had you not lost 100 games.
That being said, I absolutely do not want to go this route. Just take the best player, period.