I still think the Colts intentionally sucked for Luck last year. They had better QB options available but continued to start terrible QBs instead. That softens Grigson's accomplishments a bit but he did draft solid players.
That said, the Broncos were overrated this year and Elway's major accomplishment was signing Manning. I think people are still trying to give Elway credit for the first two years rather than this year alone.