Is Skelton the QB of the future? I haven't seen it yet.
Is Newton going to be a better pro QB? I haven't seen that yet either.
Normally I wouldn't question taking a top QB this draft, regardless of Skelton, but there is some pretty special players that might be available when we pick that make me question drafting another QB. CB's Peterson and Amukamara look really good. Bowers, Quinnn and Miller could possibly bring the pass rush that our D lacks. We really need players at offensive tackle. If these 5 players are gone, then the choice is easy for me. But if they aren't, then things get sticky. I still believe in trading up for Andrew Luck, and maybe Skelton has potential trade value. I haven't seen enough of Newton to be overly exited about him, so that makes it tougher.
So to answer the question, right now, I still trade up for Luck.