Depends on where his mind is. I think he has the physical tools. Tonight will be telling, as will the combine process.
I don't think he has the physical tools of an NFL QB - one read and run isn't the NFL prototype. He also doesn't have the body of work to overcome my fears. Scoring almost as many TDs rushing as passing isn't a stat that makes me excited for NFL success at QB.
Tonight isn't going to tell me anything about Cam that I don't already know, unless he suddenly hangs back in the pocket, buys time and throws several strikes all over the field, displaying touch and timing on all the throws. I doubt that's going to be the case though. If it is, then he won't make it to us at #5 and if he does grab him in a blink.
The combine isn't going to tell me anything about Cam that I don't know. He's a sleek, strong and fast guy with a good arm and a solid throwing motion. These are known qualities.
What will tell me something is when he runs a pro offense in the NFL against pro linebackers and dbs against a professional line rushing him. I don't think his style of play will succeed there, and it's a lot of gamble to hope it does.
Cam's a sick college football player, and will have a big game. Doesn't mean he should rocket up any draft board unless he does that crazy "hang in the pocket and dissect Oregon's D" thing.