The cap was in a great place when we had Luck.
You really don't have an opportunity for an early QB once your team is fortified.
On WR, I want to take at least one this year. If we have a new and more capable QB, I'd go well rounded and dynamic X. If we keep JB as starter, possession X. Both options in 3rd or later rounds. Who the QB is, definitely impacts WR strategy. I certainly wouldn't go with a deep threat WR with JB.
Of course cap is the least of our worries right now....we are not paying an elite QB or pass rusher.
As far as the bolded, the same can be said for a pass rusher. The reality is, successful QB's have come from across the draft board, and even beyond the draft. The idea that the Colts must use their highest pick in this draft for a QB doesn't hold water with me. I personally would rather see a solid game manager in place while the team is being fortified, until the right guy comes along. I don't see that guy in this draft, even if we had the #1 pick.
However, this discussion is about WR. Let's keep it about that.