Ten spots below the first batter into the 400's you're looking at 388 points. Ten spots below the first pitcher into the 400's and now you're looking at 310 points. Grab the good pitchers and grab them early is my suggestion. However, with pitchers and drafting them early, you are always reminded of their wild swings in season performance. Dean Palmer is going to give you pretty consistent numbers from year to year.
Pitchers tend to miss games and seasons much more easily than batters.
Also remember that this is a hitter's era. If someone would like to do a statistical analysis of 1968 I am sure you would see a complete reversal in the number comparisons between the batters and the pitchers. I figured if I got the best players in the game matching up, and with a simple formula, then my system would take care of itself at the other levels. The 4 major components to the formula are Endurance, Earned Run Average, Winning Percentage, and relief pitchers save rate. Endurance and ERA are addressed in the first component where innings minus earned runs allowed are multiplied by 2.