If you want a good thread about who to take #1 go here
Personally, I like the 3 position as I'm guaranteed one of Pujols,Vlad, Beltran
The difference in value between the 1st 3 or so picks and the rest of the draft is HUGE. The dropoff is substantial enough to make a top pick much more valuable than anything else. At the same time, the drop in value between the 12th best player and the 24th best player isnt nearly as steep as the dropoff after the fist few. To illustrate, I will once gain go back to Rototimes (I apologize if I seem like I continue to beat the same drum, but I really dont think people are picking up on the concept of value - and regardless of if you like rototimes, espn, or any other value calculator, the results will be similar with the elite tier being much more valuable):
Pujols - 64
Beltran - 61
Vlad - 58
Helton - 53.50
There is already a $10 drop in value from the first pick to the 4th pick. There are 10 players in the 44-53 range and more in the next tier. Obviously the point is not that player x is #1 and player y is #2, but rather how much more valuable is player x than player y.
Arod is not a top 3 pick, but thats a different thread.