I'll play devil's advocate here, this might be Lombardi's thinking:
Reid loved the options that McNabb's mobility gave him early in his career, and signing Vick off the scrap heap was an attempt to bring that back into the offense. Tebow would be a rookie they could slot right in to Vick's wildcat position, and get some instant production out of him while Reid and the staff started working on his mechanics, a multi-season project. By the time Tebow would be straightened out and ready to start at QB, they'll know for certain whether Kolb can handle the fulltime QB spot or not. Remember, they did have the patience to sit Kolb all this time after drafting him high...
First round would be insane. However, if the third round came around and he's still there, would they consider a trade up in the 3rd to nab him?
Not gonna happen, though. The Jax owner has
made it known he's a big supporter of drafting Tebow, so I doubt he slides past their spot in the 2nd.