Maybe a hats off are in order to Colt's president, Bill Polian, for the Stokley deal. As a general observation, I've noticed he seems to be White friendly. During his Buffalo years the Bills had Don Beebe and Steve Tasker, Tasker being known more his special teams wizardry than receiving.
If I remember correctly, anyone jump in if they feel differently, when Polian was with Carolina they were one of the Whiter teams at the time.
Polian talks about the Brad Pyatt situation on colts.com and sounds enthusiastic about his future:
http://www.colts.com/sub.cfm?page=article7&news_id=2565
Q: Can you comment on the status of wide receiver/kick returner Brad Pyatt?
A: He's very much on the roster. He had a deep thigh bruise that bothered him for quite some time. We needed him very badly during the midpoint of the season. He came back and he tried to play with it, but he wasn't the same  as most players are not when they're injured. He had lost a lot of the explosion that makes him such a great kick returner. He's back and healthy now. He's certainly benefited from practicing every week. His receiving skills are getting better and better. He's going to become a very good receiver before it's all over. He benefits, of course, from working with Reggie and Marvin and Brandon Stokley. We discussed Monday, as a matter of fact, the fact that we need to get him back in there. We need his explosiveness in the kicking game. We're hopeful that when we get (safety) Bob Sanders back and when we get the roster back going, that hopefully Brad can be back in there. He's a valuable guy for us.