The good/bad thing about this draft is, it's easy to see multiple outcomes and how they happen. Previous drafts under Jed were what I'd consider "safe" for an MLB Draft. Take Kane Kepley as an example; if the hit/power never translate to the bigs, he's still fast enough and defensively adept enough to be a useful bench guy in the majors, but, at the same time, his 95th percentile outcome looks like PCA with warning track power, which has its merits. They got good quality players out of this approach, but it felt like this team drafted a bunch of Ian Happs and Nico Hoerners. It's a fine enough way to draft, but it's also not fun.
So, on the one hand, this draft is a lot of fun. Sorrell and Bailey are the kinds of power hitters we haven't seen since the days of Kyle Schwarber. You've also mentioned how a lot of the draftees this year are about this team having faith in its pitching development and coaching, and I think that is spot-on accurate. You can dream on how mechanical adjustments, better training/conditioning, and months on end in the pitch lab could unlock Townsend's command, Jasa's fastball, or Marionneaux's appetite.
On the other hand, this draft is risky. I wouldn't call it a boom-or-bust draft, but you're looking at much lower floors and much higher ceilings for a lot of these guys compared to past seasons. Sorrell and Bailey could easily Dopirak themselves out of baseball without taking a major league plate appearance. The Cubs also took a ton of relief pitchers, who tend to be a really risky demographic, and, as always, TINSTAAPP applies. This could also be one of those weird drafts where the Cubs do better with their last 10 picks compared to their first 11, since there are some legitimately intriguing guys who were taken in C Emanuel Hernandez (13th round), RHP Griffin Naess (15th round) and 1B Brennan Hudson (20th round).
This draft was a departure from the norm, and I'm in favor of it. I don't want to see them do it every year, but it works for these oddball years.