My biggest takeaway on this is that Collins is a lot like Doug Free. You might could do better, but you certainly can do worse. Everyone wants to rag on such players because they are not on the level of Smith, Frederick and Martin, but realistically, few are on that level.
I am always interested in upgrading players like him if we happen to find someone better without having to spend a premium pick, which should be used on areas we have to upgrade unless we somehow don't have any of those. In the meantime, having a good but not great player locked up isn't a bad thing if the price was right.