I voted for choice one yesterday but in the meantime I've had a slight change of heart... what about keeping the core of the idea (lose the round at which you picked a player) except for, say, the first three rounds which have to be thrown back to the fa pool for next year?
I mean, it's probably going to be pretty easy to decide to keep M-Cab or Wright unless something catastrophic happens to them. With 5 keepers, there's a low incentive to keep any low round guys unless they are top tier good, which can happen but I don't think we should count on. I think we should make the keeper selection more interesting and bar a set number of the top rounds.
This leads to my second question... what about players that you picked off the wire during the season (say that super rookie that turns into a stud) and you decide to keep him. What round would you lose for him? Haven't seen that addressed, I don't think.