I am trying to point to opportunity. It seems to me that the Giants have a lot of talent on the receiving side.
I'm going to take a wild guess here and ask: Did you watch much of the 2009 Giants?The gap between Nicks talent and everybody else in that receiving corps is significant; if that fact was obvious in his injury hampered rookie season, what do you think is a reasonable expectations for No. 2?
Here is a compilation of a couple scouting reports, combined with my own thoughts and observations; YMMV
Hands: they are huge (as in might be the biggest WR hands in the league huge), he catches the ball away from his body, and he is strong
Adjusting to bad throws: pretty good, but not his greatest strength
Explosiveness: he is a threat to score in any situation; simply put, the guy is a playmaker, and he has a flair for the dramatic
Injuries/Durability: already he has had hammy issues (last year), toe earlier in TC, and two hand/finger surgeries in the last few years; have to wait and see if that is a pattern, personally I suck at predicting injuries
Route Running: short, medium and deep; he is very versatile. His role for the G-men is to stretch the field, and Smith probably runs more crisp intermediate routes at the present, but this is def NOT an area of limitation for him
Athleticism - 4.4 is his official 40 time, but seems like a guy who has great football speed (e.g., with the pads on); terrific specimen, he's not quite a freak/monster but quite well-defined
Football smarts - not always on the same page as Eli, and hasn't demonstrated he can be trusted to the extent SS is right now, but on the plus side he has the best inherent ability on the roster to maneuver through coverage and make the big play
FULL DISCLOSURE - I don't own him this year in any of my redraft leagues; I have, however, seen every down he has played as a pro, and only Calvin Johnson is a more impressive young WR.