My point is (which seems to be sorely missed in this discussion):
1. Payton has found late-round (and undrafted) talent at RB, WR, TE, OL...basically every position on offense EXCEPT QB (the QBs he has taken have gone on to other teams and done little to nothing)
2. There have been very good QBs drafted in later rounds
3. Payton has yet to prove to me that he can draft an NFL caliber starting QB. Maybe the need just hasn't been there yet or maybe the last 10 years haven't produced a lot of late-round gems. Regardless of the reason, his eye for draft-steals seems to be fantastic for every offensive position EXCEPT QB.