Wide Receiver is a positions of depth and talent on the Broncos. As mentioned before, Eric Decker has really stepped up, not to mention Eddie Royal is underrated. But all of that aside, people forget that Tebow wasn't the Broncos first draft pick in 2009. Demaryius Thomas was, hes just been injured.
Brandon Lloyd was a journeyman wideout who excelled in a single system and was awful in others. The fact that they got draft picks for him, instead of just letting him walk next offseason, was a coup. Personally, i thought they should have traded him sooner, but what can ya do.
Denver can do alot of things well and should have a better record. Their pass rush has been great(Von Miller is tearing it up and hasn't gotten the attention he deserves) and Willis Mcgahee looks like a man reborn.
Also keep in mind, if Tebow struggles he will be pulled. This isn't Jacksonville or Minnesota. John Fox loves playing vets, loves Orton, and has only played Tebow grudgingly to see if he is worth the roster spot. The players on that team do not like Tebow. Had Fox gone with Tebow in camp, there would have been a mutiny according to some players. They resent the fact that Tebow has been soaking up the media attention and put Orton in this position(instead of being a humble rookie and letting the starting QB answer questions), and they resent the fact that while they were having player workouts during the lockout, Tebow was playing golf and hobnobbing with celebrities.
If Denver can get something from the passing game, then this team will be around the .500 mark. If Tebow can do it, so be it. If he can't, Orton will be thrown back in.