I know I'm the Debbie Downer here, but the last 3 sets of rebuilding I've watched the Rangers go through were massive failures, so I'll celebrate when I see results, not scouting reports.
1. 2003-2007: The best first rounder is Staal. The rest are busts or had no trade value by the prime. Cally, AA and Dubi were the only solid players drafted in later rounds and none of them are particularly special. All the prospects acquired during the fire sale of 2004 wound up being disastrous busts. The only reason for the turnaround is the lucky break of Lundqvist, who single handedly would put bad teams into the playoffs.
2. 1996-1999: Every one of the 5 first rounders is a bust or permanently injured. The only real good prospects we had (Marc Savard and Norstrom) are traded for nothing. Star prospects like Dube and Burke Henry go total bust. Goneau scores 10 goals in a month, then disappears. Vorobiev makes the first line with Messier and Graves, then disappears. Goalie of the future Cloutier becomes arguably the worst starter in the NHL some years. Dark Ages set in.
3. 1992-1995: Not really a rebuild, but an attempt to keep up the farm as Leetch, Richter, Amonte, Weight, etc are hitting their prime or getting traded. Sundstrom, Ferraro twins, Vercik, Joby Messier, Barry Richter, Sorochan, Galanov, Martin, Norstrom, etc are pumped, some to no end. Not one of them does anything special for the Rangers, almost all are busts. Norstrom traded as part of the package for the injured McSorley and half-dead Kurri.
We were just as excited before, particularly in the 1996-99 stretch. Three top-10 picks, Cherneski looking great, Brown/Jarvis/Henry looking no worse than K'Andre/Hajek/Rykov, Dube hitting 150 points in the Juniors. A super-prospect Brendl that Neil Smith said hed draft 1 OA if he had that pick - and much of the league professionals agreed with that assessment. The shining future of the late 90s turned out to be Dark Ages.
Really hoping this will be different. But keep acquiring more prospects until we *know* that this time is really is different.