You know, I've actually always thought Morgan was overrated.  Maybe I'm too hard on him, but over the years, I remember him making many mistakes and saying a bunch of stuff I absolutely disagree with.  Like last night, he was adamant that by using $$ to sign Maddux instead of Bonds back in the mid-90s, the Braves were stating that a pitcher is worth 5 times what an everyday player is b/c pitchers only pitch every 5th game.  And Morgan said he thought the bat was more valuable, basically disagreeing with John S.'s decision.  
Assuming they're both equally dominant, most times a pitcher is more valuable.  They're involved in every 4th or 5th game, but they have much more impact on a game than an everyday player.  When a pitcher pitches, they're involved in approximately half of every play during that game (80-100 pitches or so), whereas an everyday player is involved in about 1/9th of the plays.  An everyday player could bat .500 over the course of those other 4 games, and if his pitching sucks, it doesn't make any difference.  But great pitching can shut down an entire team.  
In other words, if I could trade any everyday Braves player for an equally talented pitcher right now, I'd do it in a heartbeat.  
Sorry - kind of went on a tangent there.