I agree. The 49ers are WAY too committed to Alex Smith, despite having Manning work out for them. If they sign Manning, it would make them look bad in some people's eyes, that they didn't bring Smith back. Plus, you keep hearing that Peyton Manning doesn't want to compete against his brother Eli Manning, if he went to an NFC team. At least the 49ers had him work out for them, so they at least showed some interest, which was good.
I wouldn't be surprised if Peyton Manning signs with the Titans. It's an AFC team, Peyton Manning would play the Colts twice a season, and he would be back in the state of Tennessee. I heard that he's still big down there. The Saints already have Brees, despite him being pissed about the Saints putting the franchise tag on him.
It will be interesting to see where Peyton Manning goes. I hope he becomes a 49er, but we'll see. The 49ers seriously are the best fit for Peyton Manning, if he wants to win right now.