Dr. Giganto

Just for reference sake. The first number is years played in the league, the second number is number of Pro Bowls. The list went all the way back to 1936, but I shortened it to the Super Bowl era (1967-Present)

All-Time No. 1 Draft Picks
1967 Bubba Smith, de Michigan State Baltimore 9 2
1968 *Ron Yary, ot Southern Cal. Minnesota 15 7
1969 *O.J. Simpson, rb Southern Cal. Buffalo 11 6
1970 *Terry Bradshaw, qb Louisana Tech Pittsburgh 14 3
1971 Jim Plunkett, qb Stanford New England 15 0
1972 Walt Patulski, dt Notre Dame Buffalo 5 0
1973 John Matuszak, de Tampa Houston 9 0
1974 Ed 'Too Tall' Jones, de Tennessee State Dallas 15 3
1975 Steve Bartkowski, qb California Atlanta 12 2
1976 *Lee Roy Selmon, de Oklahoma Tampa Bay 9 6
1977 Ricky Bell, rb Southern Cal Tampa Bay 6 0
1978 *Earl Campbell, rb Texas Houston 8 5
1979 Tom Cousineau, lb Ohio State Buffalo 6 0
1980 Billy Sims, rb Oklahoma Detroit 5 3
1981 George Rogers, rb South Carolina New Orleans 7 2
1982 Kenneth Sims, dt Texas New England 8 0
1983 *John Elway, qb Stanford Baltimore 16 10
1984 Irving Fryar, wr Nebraska New England 15 5
1985 Bruce Smith, de Virginia Tech Buffalo 18 11
1986 Bo Jackson, rb Auburn Tampa Bay 4 1
1987 Vinny Testaverde, qb Miami, (Fla.) Tampa Bay 17 2
1988 Aundray Bruce, lb Auburn Atlanta 11 0
1989 Troy Aikman, qb UCLA Dallas 12 6
1990 Jeff George, qb Illinois Indianapolis 13 0
1991 Russell Maryland, dt Miami, (Fla.) Dallas 10 1
1992 Steve Emtman, dt Washington Indianapolis 8 0
1993 Drew Bledsoe, qb Washington State New England 12 4
1994 Dan Wilkinson, dt Ohio State Cincinnati 11 0
1995 Ki-Jana Carter, rb Penn State Cincinnati 8 0
1996 Keyshawn Johnson, wr Southern Cal. N.Y. Jets 9 4
1997 Orlando Pace, ot Ohio State St. Louis Rams 8 6
1998 Peyton Manning, qb Tennessee Indianapolis 7 5
1999 Tim Couch, qb Kentucky Cleveland 6 0
2000 Courtney Brown, de Penn State Cleveland 5 0
2001 Michael Vick, qb Virginia Tech Atlanta 4 2
2002 David Carr, qb Fresno State Houston 3 0
2003 Carson Palmer, qb Southern Cal. Cincinnati 2 0
2004 Eli Manning, qb Mississippi San Diego 1 0
* Member of the Pro Football Hall of Fame

From players that I remember (starting from the mid-80's), I would say the definite busts are Courtney Brown, Tim Couch, Ki-Jana Carter, Steve Emtman, and Aundray Bruce

I would say the players that were definitely worth the #1 pick are Vick, Peyton Manning, Pace, Aikman, Bo (for as good as he was before he got injured), Bruce Smith, and Elway

The jury is still out on Eli, Palmer, and Carr. The rest have had solid, though unspectacular careers