I'd say what they've accomplished in the top 2 rounds has been pretty damn good. Unfortunately, some people seem to only focus on the misses rather than the overall quality of the drafting.
Even in 2020, they hit on Stutzle and Sanderson (who might go 1 and 2 in a redraft) but also get Greig at 28 and Kleven at 44. Yet more attention is paid to missing on Peterka to draft Jarventie. They're going to go 4/6 in their 1st and 2nd round picks of 2020 (while ending up with 2 superstars and 2 above average role players) and some people can't help but focus on the ones they got wrong.
In 2019, Thomson at 19, Pinto at 32 and Sogaard at 37. Pinto is a first rounder in a redraft and Sogaard is still trending very positively considering the position he plays. And yet we focus on Thomson being a miss despite not much quality coming immediately after him.
2021 gets ragged on a lot for the Boucher pick and it's certainly justified, in a sense. But who was the obvious pick after him? And what is the overall quality of the draft looking like 3+ years after? Sillinger's been a 0.33pt/g player so far in 200+ games and I don't think there's really any way to justify drafting Wyatt Johnston at 10, at the time. Who knows, maybe with some health Boucher trends to become a player? I'm not holding my breath for it, lol, but it's as much a possibility as almost any of the players drafted after him becoming meaningful contributors. At 39 we get Ostapchuk who will almost certainly be a player for this team at some point in the next 12-18 months. The Ben Roger pick didn't work out but the theory wasn't bad. A 6'4" RHD? You gotta buy a lottery ticket sometimes to win the jackpot.
People have a hard time comparing Drafts to what should be expected, and instead compare a teams draft to either a specific player they wanted, or a team that happened to knock it out of the park.
When you look at our drafts from a expected return perspective, we are probably a little below average lately (2020 aside). It happens, you're dealing with low probability events.
I did a quick look at historical drafts, from 2000-2010, and called a F with 100+ gp and >.35 pts/gp, a D with 300+gp and G with 200+gp a successful/impactful pick. Using those parameters, a top 15 pick has a 70% hit rate, 16-32 is 38%, 2nd rd 11%, 3rd 6.4%, 4th 6.5%, 5th 4.5%, 6th 5.7% and 7th rd 4%.
Based on that our drafts from 2021 to 2024 should 3 successful picks. That's it.
Extend it back all the way to Dorion's first draft and the expected return is 9.4, which I think we have a good chance of hitting, Stutzle, Tkachuk, Batherson, Pinto, Greig, Formenton (he just barely hit but certainly would have, then guys like Kleven, JBD, Ostapchuk, Yakemchuk, Sogaard, Merrilainen, Donovan, Andonovski, Eliasson, Guenette ect who all have the potential to hit, not to mention .