What TE?
It's an interesting concept, and it would probably work in a system where the QB was an intelligent, quick thinker who could pick the right open receiver on the play. I wonder if Losman is really up to the task. I think he throws a nice long ball (Miami, KC), but his quick decision-making is still up in the air, and I think defenses can still take advantage of that.
Like Tags said, I think our success hinges more on the right guy at the QB position. A good O-line couldn't hurt, though.