I have been playing a long time, and agree with the sentiment that I prefer to beat a guy who just picks up a 2 month old magazine right before the draft the vast majority of the time. That being said, I have less and less time to really prepare for a draft as the years go by. Keep up to date on injuries and key position battles, but not to really "over" prepare like I use to years back. I still prefer a 12 man league with a decent sized bench so you just can not pick up quality players on the waiver wire every week, but I normally still have fun in a 10 man. It is amazing, however, how much average strength increases from a 12 to a 10 man league.