Why did it have to be snakes?
It was both a good and bad move for Denver. It was a bad move because quite frankly, I don't think their overall team is good enough to win a championship (their defense was lousy down the stretch and is terrible against the run), and they paid Peyton an absurd amount of money despite the fact that he's clearly not the same player he was before those four neck surgeries.
But there was only one QB they could bring in who would allow them to end the Tim Tebow era, and it was Peyton. So from that standpoint, Denver probably came out ahead.