Supposedly, he would be a specialty wildcat QB while Campbell plays out his option. Complicating it is that Campbell and Vick have the same agent.
Jason Campbell (speaking as a Cowboy fan) has gotten a raw deal from the Skins. They've changed coaches and offenses a lot since he signed; he's been a reasonably solid, conservative QB. He's remained stoic in spite of being continually dissed by the team. Course, this is Pro Football Talk that posted this, and their motto is "get it out there first; find out if it's true later."
Redskins officials have previously announced that they have “no interest” in Michael Vick.
...of course, that was BEFORE he got reinstated