This is interesting and unique, I don't think I've ever seen this idea, well done. It basically makes the regular season almost completely irrelevant in both good and bad ways.
I think I might be more interested in this idea if there was a first round bye for the top teams so that there was some advantage to playing well in the regular season.
Adding on to Park Bite's idea. Maybe the top 3 teams in each conference get a bye. Teams 4 to 8 play teams 9 to 13 in a 5 game series (reduce the regular season by 5 games). Teams 14 and 15 in each conference are given equal odds in a lottery for 3 to 6 picks. The losing teams in the first round are given flattened odds according to their record in the regular season for the top 2 picks.
Teams can only win a top 2 pick once every 5 years.
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