Yeah, i play with salary cap on, as well. It's a great way to figure out which positions are worth shelling out the big bucks for. After a couple good seasons, CBs tend to ask for a crapload of cash so I will typically release/trade all but my #1 corner, filling the void with younger talent in the later rounds of the draft. 2-4 Rd draft picks can be GREAT steals. You can sign them to 5 year deals for relatively little money and a lot of them are as good or better than the first rounders. Just be smart with how you scout.
Oh, and packabacka19, I'm SoC Class of 2009! Go 'Cats!