I agree... I don't even touch pitchers till Round 3 the earliest. Only pitcher worth taking the risk on IMO is Prior, and I'd still take Bonds, Nomar, Manny type guys before him.
As for Pedro, Schilling, Halladay, and the other SP who will go early... I'd much rather get Maggs, Rolen, Delgado, THome, Wells type bats, and aim for Vazquez, Moose, Oswalt, Oakland Pitchers in Round 4 or 5