Brees had an amazing year last season and is still smack in the middle of his prime at age 30. The amazing thing was that he achieved a career year when both Reggie Bush and Marques Colston missed significant time with injuries. If both of them are healthy this season (and assuming that the defense still will be unable to clamp down on opponents), there’s no reason why Brees can’t have a similarly successful year.
 

('09 Proj: 4,900 yards, 30 touchdowns, 15 interceptions)   ~Frank Mazzola
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We have nothing to fear in all matters productivity of Drew Brees. He will be going into his ninth year, having improved statistically every year. While 5,000+ yards may be a reach 4,500 yards and 30 touchdowns is almost a lock (injuries aside of course).

('09 Proj: 4,750 yds, 32 touchdowns, 12 interceptions)   ~Dave Fosdick
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Has now entered the realm of “Fantasy God”. Let me see here, 5,069 yards passing and 34 touchdowns. The scary part is that he did it without Colston and Bush for portions of the year!

('09 Proj: 4,650 yds, 32 touchdowns)   ~Steve Cavanagh
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The top option at quarterback, unparalleled. Threw for over 200 yards in every week, threw for over 300 yards 10 times and failed to throw a touchdown in just a single week. The Saints’ offense is built around Brees and he’s primed for another monster season.
 

('09 Proj: 4,600 yds, 32 touchdowns, 17 interceptions)   ~Stan Feldman
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As long as Brees stays on the field, I dare say he's the safest player in fantasy football this year. No, he won’t put up 5,000 yards again, but 4,200 plus yards and 30 touchdowns shouldn’t be considered a reach in this offense. Only problem is that there are other quarterbacks who could put up similar numbers, so he’s likely not a value play this year.

('09 Proj: 4,350 yds, 32 touchdowns)   ~Jon Rascon
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Nothing to add from what was said above because his current value is as stable as any you'll find in fantasy football.

('09 Proj:  4,300 yds, 31 touchdowns, 14 interceptions)   ~Rick Perkins