It's actually not that bad.
Look at how these players were obtained:
Clyde Drexler (#14 pick)
Terry Porter (#24 pick)
Cliff Robinson (#36 pick)
Drazen Petrovic (#60 pick!)
Sabonis (#24 pick . messy situation, but still regarded as one of the best centers in the world at that time)
Jermaine O’Neal (#17 pick)
Zach Randolph (#19 pick)
Roy (for randy foye and telfair?)
LMA (for tyrus thomas)
Lillard (for the body of Gerald Wallace and look at all the clowns selected after him).
CJ (#10 pick in a pretty weak draft)
*In bold are Hall of Famers.
There are probably other gems picked by the Blazers over the years, but i'm too young to know about all of them