I agree.
Hard to believe that when AR was 30, TT was viewing Hundley as anything but good value in the 5th round. A guy that the Packers could develop and potentially turn into a good investment 3 or 4 years later by trading him away. Obviously, you have the value he provides as a backup before that happens. So far, that investment hasn't paid off, but who knows. For me, the more important thing is, what could the "opportunity cost" of having a guy that wasn't ready when needed be? What opportunities (wins, playoffs) does Hundley ultimately cost us, that maybe a seasoned vet might have been better at.
People keep bringing up the fact that you can't expect the Packers to have a solid #2 QB and all the vet FA QB's suck. First of all, are you only limited to FA's? Second, I agree, most of the FA QB's this past year weren't that great, but what most of them have, that Hundley doesn't, is experience. Sure Hundley is probably going to improve from where he is today, whereas a seasoned vet, isn't going to get much better. But how long will that take and at what cost?