Looking at how the salary cap works teams are better off drafting lower round QB's and hoping that they end up with a Russell Wilson rather than drafting a QB high. The bust potential is almost as high but you don't lock up a ton of money in them. Unless they think one of the top 3 is can't miss I'd rather see them use a third and a lower round pick on a couple guys in the draft and let them battle Hoyer. Maybe they hit the jackpot and find a franchise QB. If not Hoyer will hopefully be good enough with 3 picks in the top 35. If Watkins and Hyde are 2 of those picks I think they will be going in the right direction regardless of the QB. Fill in an ILB or CB with the Colts pick. My perfect albeit unlikely first 3 rounds of the Browns draft would be Watkins, Mosley, Hyde, Roby, QB.
Right now teams like Seattle and San Fran have their QB's on the cheap and are able to invest in the rest of the team. The Broncos don't have the flexibility to improve as much with Manning getting a ton of money.