Ok... I find this list to be totally flawed.
For example, guys like Royce Ring have made the bigs and have stuck for a little while... seeing as the draft is such a crap shoot, I think any player that actually makes it to the bigs and is here for more than a cup of coffee should be considered a pass.
If we use that criteria just on the class of 2001 for pitchers it would look like this.
Mark Prior, RHP (Fail) (PASS)
Dewon Brazelton, RHP (Fail) (PASS)
Josh Karp, RHP (Fail)
Chris Smith, LHP (Fail)
John VanBenschoten, RHP (Fail)
Kenny Baugh, RHP (Fail)
Aaron Heilman, RHP (Pass)
Brad Hennessey, RHP (Fail) (PASS)
Jason Bulger, RHP (Fail)
Justin Pope, RHP (Fail)
Noah Lowry, LHP (Undecided) (PASS)
That's 45% which isn't bad.
Also, any list that says Mark Prior was a failure because he was not all he was hyped up to be is just not credible in my eyes. Prior had an amazing year or two... he made the bigs and he dominated, that's a pass in my eyes every day of the week.