I guess this will be classified as "excuses" and "lowering expectations" for some reason but I don't see why rationally we should have a single arbitrary standard of what a #1 pick looks like based on rare generational/franchise prospects and then compare every #1 pick against that standard no matter what the class looks like. We're 2 years out from Lafreniere who checked every box for a conventional instant star #1 pick and has thus far struggled to adjust to the NHL (although I think he still has a bright future), last year's #1 pick went back to college, and the 2019 #1 pick is trending well now but had a very underwhelming rookie year. The best rookie season from a #1 pick in the past 5 drafts (pre-2022) was Nico Hischier, I just don't really get the consternation about "looking like a #1 pick" before even day 1 of training camp.
Everyone agrees that Slafkovsky has not thus far in his career absolutely blown the doors off and shown McDavid/Matthews/MacKinnon level flashes. It's a shame he hasn't, and it's a shame nobody in the draft class did, but so what? There wasn't a player like that available, and all you can do is make the best choice among the players in the draft class that actually exists in front of you. Are Colorado fans crying about Gabe Landeskog because he doesn't meet the Eichel/Malkin/Barkov standard of a #2 pick? Yes, we all want a player like McDavid that instantly has 100 points and leaves no doubt, but wanting that player doesn't make them available in every draft class.
I additionally find it really bizzare to say that he hasn't shown any wow factor at all in his entire career. To say that Owen Power had shown wow factor in his draft year but Slafkovsky's international play somehow doesn't meet that standard seems like a completely useless standard to me. For what it's worth I am extremely high on Owen Power and would trade Slafkovsky for him 1 for 1 without a moment's hesitation, but it doesn't make much sense to me that Slafkovsky scoring 7 goals at the same Olympics where Power managed 1 assist in 5 games doesn't count as "wow factor".