Per Rotoworld's Evan Silva -- "With Champ Bailey likely to guard Edwards (easily the Jets' most productive receiver thus far), a bust-loose game could be in the offing for Holmes. He's not a WR2 yet, but he's definitely a WR3."
(As an aside, I get annoyed when prognosticators are not willing to follow their own logic. If Holmes has a "bust-loose game," he's "definitely" at least a WR2. You see this with Williams (TB) a lot, too. Analysts talking all about his strong performance and situation and saying he's a solid WR3. In fact, he's a solid WR2 and is borderline WR1. (He is actually #12 WR in average weekly scoring in my league). Basically, analysts too afraid to be wrong, so they hedge. If you think he's only WR3, you need to explain WHY, not explain all the good things about him and then come up with a conclusion that defies your explanation.)