I think you have a great QB there if they can stay patient. I don't expect much for the first year or two, but by 2012 I think Colt starts to make a BIG difference in this league.
Holmgren was trying his ass off to deal most of this draft and some picks next year for that #1. Personally, I'd rather have McCoy & Haden over Bradford so I think it worked out great for them.