Drafting fantasy receivers is part science and part art. Deciphering the targets, receptions, yards after catch, and other stats is fundamental; however, there is a certain risk-reward factor involving receivers that isn't quite as high at the other positions.
Hit on a stud early and you're rolling. Draw another up-and-comer in the middle rounds and you're golden. Find a hidden breakout in the latter rounds and you may be championship game bound. The problem, of course, is the studs don't always produce (see Randy Moss last year) and the gems aren't always obvious (see Austin Collie pre-concussion syndrome).
Here's four guys I like in three different categories: good, great, and ugly. The good are just that - legitimate playmakers who will be better than serviceable on a weekly basis and might come on the cheap. The great are elite playmakers and game changers who can and will single-handedly carry your team on occasion. The ugly...well, let's just say these guys shouldn't be considered unless a) you're desperate, b) you lose a bet and have to select them, or c) you are content with being a cellar dweller.
On to the show...