My draft has finally come, and here's what I ended up with.

The league is 11-team, Yahoo rosters (with a couple of extra bench spots), 7x7 - regular 5x5 plus H, OPS, K/BB, & QS. I had the 9th pick.

C: Miguel Montero (11th round)
1B: Miguel Cabrera (1)
2B: Ian Stewart (10)
SS: Jose Reyes (4)
3B: David Wright (2)
OF: Grady Sizemore (3)
OF: Curtis Granderson (6)
OF: Carlos Quentin (12)
Util: Denard Span (13)
Util: Vladimir Guerrero (18)
SP: Jon Lester (5)
SP: Josh Beckett (7)
SP: Javier Vazquez (8)
SP: Roy Oswalt (15)
RP: Heath Bell (9)
RP: Frank Francisco (14)
P: Octavio Dotel (16)
P: Matt Capps (20)
BN: SP - Kevin Slowey (17)
BN: SP - Ben Sheets (19)
BN: SP - Ervin Santana (21)
BN: RP - Franklin Morales (23)
BN: OF/1B - Garrett Jones (22)
BN: SS/2B - Ian Desmond (24)
BN: OF - Travis Snider (25)

I'm pretty satisfied with my draft, but with some caveats. Overall, I'm worried that I (predictably) didn't balance out my upside/bounceback picks with enough safety picks. I tried to sort of balance out the risk with guys like Span, Oswalt, and Bell, but I don't think I did enough. Also, I'm really strong in some areas (like R, SB, K/BB, WHIP) and less so in others (HR, RBI, ERA). Should I try to trade one of my speedy run-scoring dudes for a slugging 1B?

I agree with your assessment. But I'll add you're probably okay on power. Not great, but you have potentially four 30 homer hitters who should get decent RBIs. Your ERA might be an issue, a lot will depend on Vazquez.