According to Crabtree on 1620 yesterday, NU is in the mix. He said nothing about OU leading. So is appears we have as good of a chance as anyone right now.
As for not needing another QB, Hildebrand, according to Eric, hasn't looked that good. We don't know if Witt will be the guy in 2008 anymore than when Beck came into town and turned out to be a bust. As of right now, it's probably Ganz's to lose in 2008. He seems like one of those who by his fifth year in the system will be a solid (not great) and effective QB. With the experience we have had with juco Zac Taylor, I would say absolutely go after this guy.
Does Lee have four years to play three? A redshirt year would likely make him a better player.