Cutting Kolb not a terrible idea in principle - it takes the Manning/Roster Bonus 800 lb gorilla out of the room and gives us more wriggle room to make other moves to strengthen other positions of priority (like both tackles).
Indeed, we could live with Skelton and Bartel with the possibility of signing Hasselbeck.
But there's one major issue that we'd be foolish to ignore:
What if our coaches feel that last year was a fluke and Kolb continues to be as good as orginally thought; coupled with a clean bill of health by our medics.
I agree with those who thought Skelton outplayed Kolb last year, but that's based on watching a TV screen from 2,000 miles away. The read on Kolb might be entirely different when seen up close & personal by experts who are with him in the meeting rooms, practice field and sideline.
Regardless of some of the rants posted of late, I still trust judgment of Wiz and his staff to make the right decision either way.