Oilers' Problems: Scouting or player development?

I'm sure this has been talked about elsewhere, but I'd like to put it in a nice succinct form for all to gawk at in wonder. I've been thinking lately about the patheticness of the Oilers and why through so many years of failure the Oilers have still not managed to put together a good team through the draft. At first I thought it was just poor drafting. Looking at the Oilers drafting history leaves a lot to be desired. I've listed below the Oilers first draft pick of every season since 1993 and one other player who was available at the time.

Edmonton Oilers: The new Mickey Mouse Organisation

Wayne Gretzky's second most famous quote from his days on the ice was when he referred to the New Jersey Devils as a "Mickey Mouse Organization" after the Oilers pummelled the Devils 13-4 in a game during the 1983-84 season. (Note: I consider his best quote to be "I told Mess I wouldn't do this." while crying during the press conference after being sold out of Edmonton) Oh, how the times have changed. Fear not New Jersey Devils, nobody can say that you are a Mickey Mouse organization any longer. The Devils have built up a strong franchise in New Jersey, taking home the Stanley Cup 3 times since 1995 (1995, 2000, 2003) and continuing to put together strong teams in front of future Hall of Famer Marty Brodeur.