Drafting-wise, I would take Joe Horn before Eric Moulds - you can land Eric Moulds later in the draft due to people being fairly low on him (you can get him as a #3 WR in some leagues).
Expectations-wise, I'm liking Eric Moulds over Joe Horn. It wasn't too long ago that Eric Moulds was mentioned right after Marvin Harrison, Randy Moss, and Terrell Owens as the best WRs, y'know. Moulds still has talent - his low numbers from last year were mostly due to a groin injury and the adjustment to life without a legitimate #2 WR in Peerless Price. He's healthy now and hopefully the other WRs on the roster can step up and relieve some of the pressure.
I just don't like depending on the always inconsistant (I 'spose that means they're consistantly inconsistant, eh?) New Orleans Saints offense.
'CUNA-MANIA IS RUNNING WILD!
"You will be a king here, instead of a peasant at the Cafe."