Yeah he's in this draft. He's the guy people have been saying is a poor man's Tavon Austin.
Even before I knew Sanders' 40 time, I knew he wasn't fast. You watch those highlight kick returns and part of the reason they are so epic is because he isn't running by anyone. I forget what his official time was, but on tape I would have guessed he'd be 4.6. I think he's extremely similar to Dexter McCluster, and will provide similar value to whoever drafts him.
Edit: He ran an official 4.58 at the combine.