To play or not to play? That is the question, the question fantasy owners want Bill Belichick to answer definitively regarding wide receiver Wes Welker.

Last weekend it seemed Welker was, almost miraculously, slated to start Patriots’ training camp as a full participant. Fantasy owners rejoiced as Welker’s fantasy stock price began its ascension.

But then, the Patriots put Welker on the PUP (physically unable to perform) list to start training camp. Fantasy owners, confused, had been duped by the master duper himself, Mr. Bill Belichick. Welker’s stock returned to its pre-miracle status.

And then this story came out about how Welker could play tomorrow (!) if there was a game to play. Really? I doubt we ever really will know when Welker is ready to play at this point, unless of course there is a game tomorrow. Then we know he can play!

To sum up, Welker is healthy enough to play a game but not healthy enough for training camp, therefore fantasy owners should remain dazed and confused by any and all news coming out of Patriots’ camp.

Here are today’s great reads:

• We already have named Kevin Kolb, Ryan Mathews and Vincent Jackson as the most overvalued fantasy players heading into the 2010 season. Other fantasy football bloggers are tackling the overvalued/undervalued subject these days as well, with some interesting choices to boot. [Fantasy Knuckleheads]
• With your first four picks in fantasy drafts this summer, you should be able to assemble a nice core for your starting lineup. And if you are really lucky, you will grab four of these 10 players to target in the first four rounds of your fantasy draft. Good luck with that! [Hatty Waiver Wire Guru]
• Because fantasy owners always are on the look-out for good advice when it comes to drafting running backs: A story about the RB-RB draft strategy and the recent shift to drafting WRs early because it has become more and more difficult to figure out which runners — other than the top four or five — are going to have continued fantasy success. [The Fifth Down]
• It is difficult to ignore Steven Jackson’s talent, even though he plays for an awful team. But fantasy owners should be wary of Jackson and other talented skill position players on so-called “Siberian” teams. Predicting any kind of success on bad football teams is risky business, and some of us even think that this could be a back-breaking year for fantasy owners who take Jackson in the first round. [SI.com, The Hazean]

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