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Are NFL draft pick value charts accurate?

Every year, draft obsessives look at the NFL Draft Value Chart, which gives a point value to different draft picks so that you can figure out what a (roughly) fair trade is. For example, the San Francisco 49ers second overall pick this spring is worth 2,600 points (while first overall is 3,000). Mr. Irrelevant costs you 2 points; the entire 7th round, all 32 picks combined, is only worth 256.3.

The first few picks have skyrocketing value, which is great news for Niners fans this year. Consider the tie breaker with the Raiders and the Jets; Oakland/Las Vegas’ pick (#4 overall) is worth only 1,800 points.