The Broncos do not want the #1 Overall pick regardless, it's unlikely Stafford is an option, even if we trade with Detroit for #20 and #33, Stafford probably wouldn't get past Seattle at #4 and definitely not past SF at #10.
Thus, we are now firmly headed for a Sanchez collision. He's a mobile QB with the same traits, though more talented, than Matt Cassel. He represents solid draft value at #12, so that part is good as well. The question is will he be there?
I don't imagine he goes before #12 unless someone trades up to #11 with Buffalo, which unfortunately happens to be a very, very high probability due to Buffalo likely wanting to trade back a little to make Pettigrew more affordable. The Jets, Bucs, and Bears are potential Sanchez snatchers, though you have to believe from what has been previously reported that the Jets will be the most likely landing spot for Cutler.
And finally, even if Cutler is not traded due to insufficient offers, we still draft Sanchez and groom him while Cutler spends another year on the team or winds down his contract.
Regardless, if looks like Chris Simms will be starting Week 1 now. Yikes!