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As exciting a pick as Vick might seem to be, I wouldn't even think about drafting him this year, especially based on where he is being taken. The Eagles are one of the most hyped teams going into the season and it can be easy to get caught up in the hoopla.
While I'm somewhat concerned about Vick's injury proneness, his rough finish last year is why there are many red flags against him. After not throwing an interception throughout the first 10 weeks in 2010, he had six picks in his last six starts.
The biggest issue here is that defenses really started to figure out what Vick was doing and how to limit his effectiveness. The quarterback's efforts through the first 10 weeks of 2010 was the best stretch of his career and will be hard for him to match that ever again.
Most people that get Vick will have to draft him among the top five quarterbacks. As long as Vick stays healthy, he is likely to hover around the top ten, but there's no way he should be taken over the likes of Drew Brees, Tom Brady, Peyton Manning and Philip Rivers.