Not lost at all. I'd just rather follow the mantra of lose a player, sign a player. I'd rather have a vet playing for an entire year instead of a draft pick a year later. And, at best, that draft pick is #97 overall, and that's if you lose a $8 million a year player.
Back to my original question- would you rather have Colston playing for us in 2015, or a 5th round pick in 2016?

I have said before and will say again,the whole system is a mess.
You get the picks by not paying players so they go elsewhere,then you get a pick as compensation,that pick allows you not to pay another player so you get another pick and it goes on and on.

Look at teh 49ers and Ravens,let players leave and get a 3/4 round comp pick,trade your late round pick for a higher/more pick the following year,use the comp pick to get a rookie,then do the same each year.

Comp picks should only be for players retiring,you should not get a pick for not offering FA/existing players market rate deals