It's been a foregone conclusion for quite some time. With the first pick in the 2012 NFL Draft, the Indianapolis Colts selected Stanford quarterback Andrew Luck. The Colts had planned on taking Luck as their QB for quite some time and made the announcement earlier in this week.
Luck was a Heisman Trophy runner-up in 2010 and 2011 in leading Stanford to two consecutive BCS bowl appearances. Luck has operated in a West Coast offense at Stanford and is more than ready to play in any pro-style scheme. Stanford has been run-oriented during Luck's time and has relied heavily on solid offensive line play, but the Cardinal pass attack has still been one of the best in the nation.
Luck is very accurate, has great mobility, excellent arm strength and delivery, maintains good footwork and technique, and is mentally ahead of many other quarterbacks on the college level. He can run with the football when his options downfield are exhausted, he goes through his reads, he does almost everything you'd want from a college football quarterback prospect.
Several of Luck's teammates, including David DeCastro, Jonathan Martin and Coby Fleener are expected to go in the top two rounds as well.