I can at least start the answer: absolutely do not blindly follow your rankings. There are at least two key components to dealing with a snake draft: Come up with your rankings,
and also come up with your estimate of when players will be drafted. Your goal, at every turn, is to take the most valuable player available *that won't be available to you in the next round*.
So then the question becomes: how do you estimate when players will be taken in your league. One way to go is some measure of ADP. Another is the default rankings in your league, whether Yahoo, ESPN, or whatever.
This one not so much. I'll be writing Tuesday about what I see as the objective in snake drafts.
I wrote last week about the fallacies of ADP and how misleading they can be.
My approach is to use tiered drafting which again I'll be writing about, likely a week from Tuesday.