Well, sorry, but this would be an absolutely stupid move by the FO. WR is not a need, but then RB was not last year. I am not one to throw stuff at my TV, but...
To the OP, of course, there is intense curiosity to see what the FO will do if Newton is there. I am not strongly for/against Newton. Most posters do not mention that Fitz is signed for 2011. After that, ... <crickets>
So, we do need a QB for 2012 and beyond, not necessarily the #3 pick, but somebody.