He knows he is going to throw to the slot guy beforehand. I would like to think Free can actually make use of the talents around him, but I think he can hamper it just as much as help it.
Until he learns to get three deep in his progressions, which clearly he doesn't know how to do (unless it is during film study), it is sort of moot.
I agree with you, but I'm thinking of the future as well. I believe that in 2014 we will have a new QB. Giving said new QB a lot of versitile weapons is not a bad thing. Bailey, I believe, will be really good. Given that he can be here for at least 4 seasons at a fairly cheap price is worth taking him now instead of waiting for "the next guy".