All this bickering talk about first round, rookie quarterbacks may be for nothing. According to ESPN's Adam Schefter the Redskins are set to go the free agent route come March:

If Peyton Manning is released, Redskins are expected to pursue him. Redskins also prepared to pursue free agents Matt Flynn and Kyle Orton.

Ooooo... the life of a Redskins fan. Remember Schefty and Shanny were boys in Denver, this could just be another smoke screen from Professor Shanny.

Another update via Adam Schefter:

Peyton Manning is willing to create a contract that would contain no guaranteed money up front and would be incentive laden with bonuses.