Yes, I would be happy with both QB's. They have good receivers to throw to, have OK mobility which will lead to some extra fantasy points from yards and TD, and are just going to continue to improve next year. If Pennington stays calm during the games and the Jets don't get too far behind, he should put up better accuracy numbers and be more consistent in the yardage column than Marc. However, if you look at some of the teams they are playing, you have to look for Bulger to do equal or better than last year on TD's with fewer INT's.
These guys "should" still be around by the 6th or 7th round, so I wouldn't mind waiting to get them in order to solidify my other positions.
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