Overall Payton has done well drafting receivers (will be interesting to see if that trend continues without Brees tossing the ball.) Anyway, just for fun here are some notable receivers under Payton's tenure and how they were obtained:
The 'Hits'
Brandin Cooks - 1st round
Robert Meachem - 1st round
Michael Thomas - 2nd round
Kenny Stills - 5th round
Marques Colston - 7th round
Willie Snead - UDFA
Deonte Harris - UDFA
Jury Still Out
Tre'Quan Smith - 3rd round
Kawaan Baker - 7th round
Marquez Callaway - UDFA
Juwan Johnson - UDFA
L'il Jordan Humphrey - UDFA
The 'Almosts'
Brandon Coleman - UDFA
The 'Misses'
Nick Toon - 4th round
Mike Haas - 6th round
Adrian Arrington - 7th round
Keith Kirkwood - UDFA
Joe Morgan - UDFA
Austin Carr - UDFA
Tommy Lee Lewis - UDFA
Terrance Copper - UDFA