They had Theodore coming off a Hart trophy the year before the lockout, Huet was the backup after they traded Mathieu Garon. They also had a young Yann Danis who was a decent looking prospect and they had drafted Halak in 2003. Most draft analysts were shocked that they chose Price given their organizational depth at the position and other needs elsewhere on the roster.
It turned out that Theodore shat the bed in the 2005 season, and was subsequently shipped out. But all this was after the draft, so taking Price was indeed a move where they picked talent over need.
