He doesn't reach for draft picks as much as people pretend that he does. Some of the guys he's taken hadn't done much "on the field" but were still high draft projections.
2005
-Aaron Rodgers - Projected 1st round
-Nick Collins - Projected 4th round, 1-AA all american *1
-Terrence Murphy - Projected 3rd taken with pick #58 in 2nd. Didn't do much on the field but was a high ranked WR. *2
2006
-A.J. Hawk - Projected 1st round #1 LB
-Darryn Colledge - Projected 2nd round
-Greg Jennings - Projected 2nd round #4 WR, 3rd in NCAA in yards and TDs
2007
-Justin Harrell - #3 ranked DT projected 1st round, 2005 pre-season ALL-SEC, 2005 Cotton Bowl MVP.
-Brandon Jackson - 3rd round projection, taken late 2nd. 3rd in big-12 in rushing and all-purpose yards.
-James Jones - 24th ranked WR, proj round 5th. *3
2008
-Jordy Nelson - 2nd in NCAA in receptions and yards, projected 2nd round
-Brian Brohm - Top 3 ranked QB, projected 1st round.
-Pat Lee - 9th ranked CB, projected 2-3 round.
Out of 12 guys who were top 3 picks each year you have 3 maybe 4 (depending on personal opinion) guys who were big reaches or who never did that much on the field. That doesn't seem like that many to me. 2 of them WRs which Ted has shown he is able to pick talented WRs.