Nope, you're right (I've got the e-edition subscription). Herrmann doesn't show up in the top 25 catchers list, that's a deeper list than I pictured off the top of my head and I suppose being new to the position affects his ranking a bit.
So as you pointed out, 1 guy out of 160 opportunities and that one guy has the ceiling of a #3 starter. I'm all about drafting the best player available over of drafting for need but they're really got to address this chasm. I guess the real shame is that so many attempts to address the pitching depth with early picks haven't worked out as hoped (Gibson, Bashore, Hunt, Gutierrez, Tootle, Rainville, Waldrop just to name a few)