If Ferguson does in fact sign with the Texans, it would appear that it'd likely be for a back-up job in the secondary. While he started seven (7) games last year, he hasn't started 16 games since 2005, which is also when he (1) picked off five passes; (2) defended eight passes; and (3) was not 33 years old. If anyone has any other observations on Ferguson or the fact that I fully expect Reliant Stadium to be re-christened "5,280 Feet Vertical Field" by the opening of the 2010 season, please enlighten us in the Comments below.
Update [2008-3-27 17:20:58 by Tim]: The Denver Post is reporting that Ferguson inked a one-year deal with your Houston Texans (hat tip to our buddies at Mile High Report). Seems like he and Rick Smith go back a ways; the fact that Smith liked him enough to bring him to Houston makes me less skeptical of the deal, though I think we can hold off on printing those Ferguson Pro Bowl jerseys for now.