I think reality is somewhere in the middle, as usual. At this point in the Rodgers era they were 0-1 in the playoffs though he was admittedly playing at a higher level than Love - that will probably always be the case. Their defense went from pretty embarrassing in '09 to very good in '10. Statistically they were ok but they got embarrassed by AZ in the Wild Card.
A huge part of the improvement was an undrafted rookie FA named Sam Shields. They had some nice pieces offensively, but I would say nobody close to as good as Jacobs and their offense was actually pretty bad the first 2/3 of 2010. My point in all that is things can change in a hurry and because of unexpected things. I think they do need more out of their 1st rounders, but the undrafted FAs, the less splashy FAs can also help a lot. Just as regression happens, some guys will bounce back and others will emerge. The NFL is fun to follow because of those drastic changes that seemingly come out of nowhere.
I am not worried about Love. I think he was less healthy most of the year than he let on. I don't think he is a HOF QB but I think he's very good, and good enough.
It happens pretty much every year that someone just hits a bad patch and limps in. It was the Packers this year. They just weren't playing well when it counted. This was really predictable.
But for God's sake, if we want to fix the low-hanging fruit, can we have a Madden player take over the kickoff and punt/return teams?