I voted snake. The reason: 1st pick or Last pick, you're going to get a solid roster. This is a key point that separates this league from the classic league; balanced teams.
Non-snaking - Ouch. Those people with the last picks are just flat out screwed.
Hybrid - Again, by the end of that 3rd round, its slim pickings to build a solid roster. I can see it now, a team with Roenick and Fedorov vs a team with Yake and Goulet.
Bring balance to the draft!