I'm thinking the Colts trade down unless someone really falls due to other teams reaching.
If they stand pat, I'd be ok with Margus Hunt. Have a 6'8" DE with athleticism....good lord. Who cares if he's a bit raw. He still has big time upside. I'd also be ok with a CB like Trufant or Rhodes.
I do not want a WR with a first rounder. I'd prefer trading back into the 2nd and taking Justin Hunter though.