I would MUCH rather have Foles than Alex Smith.
Foles is essentially a rookie in terms of development/upside, but has at least some game experience.
Alex Smith is what he is. Some think that's good enough, I don't.
Part of the reason I want to draft Geno or Tyler Wilson is because I think they have high upside and lots of room to grow.
To that end, Foles is much more like THEM than he is like Alex Smith.