The good: Tebow's first passing TD -- a 3-yarder to fellow rookie Eric Decker. (If the Broncos' plans work out, Tebow-to-Decker will be a big combo in the 2nd half of the decade.)
The bad: The INT. (And, only tangentially related to Tebow, Kyle Orton deciding to ram into James Harrison.)
The ugly: As Josh McDaniels pointed out, the INT wasn't as bad as the missed opportunities on 3rd down, especially that first underthrow to Eddie Royal.
The best part is that it's only the preseason -- every snap is a learning experience. At a macro level, the biggest news is that Tebow played ahead of Brady Quinn.
The final preseason game is Thursday night against the Vikings -- Tebow and Brett Favre on the same field? The internet might explode.
Then: 10 days until the regular-season opener at Jacksonville, in which you can expect to see Tebow used in ways you have not during the preseason.