I hear you Tom, and I've made all the same arguments to myself.
But, we don't really know how bad Bledsoe played. He must have been really bad. By that I mean, wrong receiver, wrong plays, the open man was there etc. Point is, we don't know what play was called, what the specific options were and what the film showed. By now, the coaches have reviewed the whole season of film, been around Drew all year and know what he is capable of. Apparently, they don't think much of him and would rather turn to JP, probably not because of what JP can do, but what Bledsoe can't do. I know, not very reassuring.
The point is that if they take the 14 million they have in cap room, resign Jonas and Pat, a LG and a TE, draft a backup RB and sign a vet backup, we should be allright. Its too early for predictions b/c the schedule hasn't come out (Buffalo weather games etc.), but I think the plan isto make the rest of the team Super Bowl worthy and let JP grow into the role. A big accomplishment for us this year would be a playoff season.