Personally I'm ok with a WR that is 170lbs or so. A WR spends most his time running routes and trying not to get hit. A small WR can survive if they play smart.
A RB on the other hand gets hit constantly. Even finesse RBs have constant contact. I wouldn't want a RB under 185lbs no matter how special he is.
With that said, I saw Jock Sanders was added to the Senior Bowl today. He is 5'7" just like Devine, but he's 20lbs heavier at 180lbs. Watch the first 30 seconds of this video and keep in mind that Devine is 20lbs lighter than Sanders.....and tell me you'd draft Devine.