I think Elway's earned the benefit of the doubt. Not putting a priority on re-signing CJ is probably my least favorite of all these moves people are questioning, but I think there will be options to replace him in FA and the draft, so we'll see how it goes.
Sounds like there's a lot of wheels in motion on acquiring Kaepernick, and it'll be fun to see all the meltdowns in Bronco country if that comes to pass. But he has more big game experience than any other viable QB option out there (including, by a wide margin, Brock, when he was an option). He's also reportedly willing to restructure his deal if the Broncos acquire him.... if he can be snagged for reasonable compensation I don't see it as a worse scenario than paying $18 million per to Brock.