Oswalt 5
Halladay 6
Hamilton 7
Billingsley 9
Lowell 10
Capps 11
Delgado 12
Butler 13
A Hill 14
R Johnson 16
Adam Jones 17
Cantu 18
Jose Lopez 18
Rasmus 18
Snider 18
Devine 18
Garza 18
K Wood 19
Wigginton 20
M Parra 22
S Marcum 22
A Lind 27
I don't like killing the middle of your draft for Cantu, Rasmus, Garza, and Snider, but I still do it. Two of these guys are steals there in redrafts (Cantu and Garza) and the other two are top 10 prospects (And on some lists, top 5-7).
I hate not keeping Parra and Lind here, but Lind's k/bb ratio plummeted precipitously last year. If you take Lind's low price and slight risk, I turf Cantu.
Similarly, Parra's tough to leave out, but his IP jump from 07-08 is in the Verducci Effect range, and Garza's just better.
Devine doesn't make my list because he'd be what a 13th rounder thanks to the other 4 FAs I recommended keeping. That's too high. Or dead on. It doesn't seem like a tactical advantage anyways.