If Vick were still available in the 3rd round I would be tempted to make a go at him. Going into draft day, the only QB I know I wouldn't pass up would be Culpepper. Like many, I'm not an avid fan at jumping at a QB early but Vick is just one of those players you want to have on your team so that you can bathe in his play time all season with NFL Sunday Ticket. and say, "that's my guy!" Vick makes your heart palpitate when he decides to scramble, partly because you don't know if he's going to get leveled by a SS or break off a 56-yard run. That's part of what makes fantasy football so entertaining.
If I were to get Vick, I would try to focus on getting a decent backup just in case. I'd probably look to pick up a QB in my 11-15 rankings, roughly the 3rd tier of QB's going into the draft.