CubsinNC, I get the argument you are making. But I'd counter with, well, if his ceiling isn't high (and you note that he could be a 5th starter, but you'd guess middle relief) then why take a guy so far away versus, say, a Nick Struck, Brooks Raley, or Chris Rusin type, low ceiling guys who are in the upper levels.
Very valid points. I'm not much of a believer in any of those 3, even though they are much, much closer. I don't think any of them will last their 3 pre-arb (cheap) years in the majors, let alone arbitration years. I'm hedging my bets with Pugliese, in that if he makes it as a middle reliever, I still think he sticks the full 6 years. To me, that makes him a better prospect because of the duration of the (projected) ML career, not immediate value. While I project him as a middle reliever, that's because most of the more involved minor league posters here, have forgotten more about baseball, and prospect development than I know. So, rather than say that I expect him to make it as a starter, I project middle relief, as that will likely be how he breaks into ML anyway. But his 2nd or 3rd year, I'd expect he's a contender for a #5.