I would hope they bring another QB in or we will be very short on depth there (assuming Lee leaves) but I still like Gebbia over Locksley. Don't know much about the other guy but Gebbia has all the necessary skills and likely a better arm to boot. Watching a little bit of UCF it seems Frost prefers a passer who can run instead of an electric runner who can pass. That bodes well for Gebbia and Nebraska.
You and I have had this convo over and over and we are always on the flip sides of the same thing. I don't care who the QB is but they need to look good when they throw the ball because that is the QBs primary function. Having wheels is important too, especially in a read option type of offense, but the arm should be the most important trait. You can run the triple option with a slower QB, the key is how well do they read it. A slower guy who can execute the option to perfection is more dangerous a superb athlete who can't run it right. In an ideal world you get the arm the wheels and the decision making all in one package, but if you can't get that the next best option imo is to drop the wheels from the criteria.
All of this to say I think Gebbia would make a fantastic QB under Frost. If he brings in a guy and that guy is better all around so be it, but I would hope Frost wouldn't get so enamored by athleticism he puts all other deciding factors by the wayside. I don't think he would and a open competition is good for all involved. I just think given a fair shot Gebbia has a good chance to be the starter next year given he stays.