At this point I don't think it's being cynical at all. Get let down enough times and you learn to be more realistic. Years of being a Canucks fan will do that to you. Also, I agree with you. My hopes aren't set very high for the Draft or Free Agency either.
Also, we don't have a poor enough team for a top 3 pick, and I doubt we win the NHL's rigged draft lottery. But if taking part in that delusion helps you sleep at night, than good for you.