My fault, only scanned through the thread really quick to see if it was my pick. I'm an Alabama fan, so I love Terrence Cody. He's solid against the run, and he'll always be revered in Tuscaloosa because of the block vs. Tennessee.
As for the pick, I like it. As you said, it's a risk, but it does seem like an appropriate time. As long as he stays in shape, his size is good, and his ability to absorb double teams is extremely valuable. Just one negative observation though - there were times the last couple years where it seemed like he wasn't even on the field, so I have questioned his motor during his time at Bama. The talent is definitely there though.