I would probably trade our #1 and Vernon for Luck. I would trade Willis and some draft choices that aren't our #1. Sadly, our two best players also play middle of the field positions, which aren't quite premium positions, and I imagine Bowman could adequately replace Willis (I say adequate, not well).
I think your ceiling as a franchise explodes if you make that trade, so it's worth the risk. Luck is just far and away the best QB prospect of the last several years, and this league continues to become more of a passing league.