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Why use fielding or PB ratings for rookies?
Why would you care about fielding ratings or PB ratings for a rookie?
I've never used these ratings when putting my rookie list together.  Not once.  
Why, you ask?  Lots of reasons.
Because I don't draft rookies for only one year.  I'm looking for a guy that will help me down the line.
I don't even use the stats of most players.  Once again, I need a player that will last more than one year.  I have the FA draft to help me with the here and now.
Pitching and hitting are the two most important stats of our sim., with fielding a distant third. If it comes down to what looks like two equal players, I choose the guy with the brighter future over the guy with a fielding rating of 7 compared to 4.
PB ratings for pitchers are a reflection of OPS and ERA.  Trust me on this one and use OPS by itself(or combine with K/W ratio, WHIP, RCERA). Ignore PB ratings in general for all players.  Its the stats that dictate performance.
Just my two cents.
So how do I choose rookies?  I find a couple top 100 prospect lists that I trust, consolidate, and use these rankings, with some minor adjustments.
What adjustments, you ask?  If two INF are pretty equal, say 5-6 rankings apart, I might choose the lower guy if his first year stats help me win, or if he plays a position I really need.
Well, if you read all this, check out this website for a number of top 100 rookie lists.
http://www.attheplate.com/2005/05_rookied.htm
You can also access the 2004 list as well.  Have fun.