A quick note before we get to our first set of fantasy football rankings this preseason: The fact the Colts activated Peyton Manning from the physically unable to perform list Monday is enough for me to place the Colts quarterback in the top six at his position.

Yes, it might be a bit of a risk to take Manning in the third round of a 12-team league, but if you're hesitant to draft the player who has started 208 consecutive games, ask yourself the following questions:

Would you rather have Manning coming off neck surgery than Tony Romo, who played six games last year?

Would you rather have Matt Schaub, who threw for 4,370 yards in 2010 but finished nine TDs shy of Manning's 33?

Do you prefer Ben Roethlisberger, who averaged 250 yards passing per game last season, but only 1.4 TD tosses per contest?

I'd rather select Manning, even if there is a slight chance he will miss a game or two. He's 35, but still ranked in the top two of the league in yards passing (a career-high 4,700) and TD passes (33) last year.

Rank, player, team GP-Yds-TD-Int
1. Aaron Rodgers, GB 15-3,922-28-11
2. Michael Vick, Phi 12-3,018-21-6
3. Drew Brees, NO 16-4,620-33-22
4. Philip Rivers, SD 16-4,710-30-13
5. Tom Brady, NE 16-3,900-36-4
6. Peyton Manning, Ind 16-4,700-33-17
7. Tony Romo, Dal 6-1,605-11-7
8. Matt Schaub, Hou 16-4,370-24-12
9. Ben Roethlisberger, Pit 12-3,200-17-5
10. Matt Ryan, Atl 16-3,705-28-9
11. Josh Freeman, TB 16-3,451-25-6
12. Eli Manning, NYG 16-4,002-31-25
13. Joe Flacco, Bal 16-3,622-25-10
14. Kyle Orton, Den 13-3,653-20-9
15. Matt Cassel, KC 15-3,116-27-7
16. Sam Bradford, StL 16-3,512-18-15
17. Matthew Stafford, Det 3-535-6-1
18. Jay Cutler, Chi 15-3,274-23-16
19. Kevin Kolb, Ari 7-1,197-7-7
20. Ryan Fitzpatrick, Buf 13-3,000-23-15
21. Mark Sanchez, NYJ 16-3,291-17-13
22. David Garrard, Jac 14-2,734-23-15
23. Jason Campbell, Oak 13-2,387-13-8
24. Donovan McNabb, Min 13-3,377-14-15
25. Colt McCoy, Cle 8-1,576-6-9

Note: Statistics are from the 2010 season.

Quick slants: Rodgers has averaged 4,131 yards passing and 33 total TDs (passing and rushing) the last three seasons. ... Vick reached 3,000 yards passing for the first time in 2010. ... In five years with the Saints, Brees has norms of 4,584 yards passing and 31 TD tosses. ... Rivers has norms of 4,324 yards and 31 TD passes since 2008. ... Brady has averaged 4,149 yards passing and 32 TDs since 2009. ... Peyton Manning has thrown for 4,000 or more yards in five consecutive seasons. His brother, Eli, has averaged 4,012 yards and 29 TD tosses the last two years. ... Prior to his injury-marred 2010, Romo averaged 4,047 yards and 29 TD tosses from 2007-09. ... Schaub has norms of 4,570 yards and 27 TD passes since 2009. ... Orton -- who has thrown for 7,455 yards and 41 TDs in 29 games since 2009 -- is underrated by many sites.

NEXT: Running backs