Oh of course I don't think he is or ever was worth the #1 pick, I also don't think anyone in that draft, even Noel would ever live up to #1 status. Pretty much anyone going at the top would end up having a long, average to mediocre career along the lines of Joe Smith. I do think he can be an effective stretch 4 on a team that really needs one now. They've got a lot of size and strength up front with Pek and Dieng, but they're going to miss having a forward who can hit the deep ball.
I see him becoming a 16/6 guy probably by the time he's on his 3rd team. Not a #1 guy, but a solid NBA contributor. I don't even think he'll be better than Porter, I just take issue with the idea that the book is written on him in a season where almost everything that could go wrong for him ended up happening.