ESPN analyst and former Super Bowl winner Trent Dilfer released his ranking of the top 40 QBs in the NFL right now. He didn't really ranked them numerically, rather he grouped them into separate categories. Michael Vick fell into his third category, "mostly good." He described it this way.
This is the group currently hurt by the fact that 2010-2020 will almost surely give us the best quarterbacking the game has seen in terms of depth across the league. For instance, I went to a Pro Bowl in 1997. That year, Alex Smith very well may have been the fifth-best QB in the league. But the standards have gotten higher, the players better. This group has guys who have elite ability but aren't quite there yet based on age, health or recent issues.
Here's what he had to say about Vick.
Michael Vick (Eagles): It feels wrong to have Vick here, because the guy is an MVP-caliber player, but he's down a little right now as we wonder whether he can stay healthy. It wouldn't surprise me one bit if he was dominant in 2012.