We gave our little song and dance about Drupal to the website team yesterday. They are mostly convinced that this is the best way for us to go. Stage 2 is to continue reading the documentation and pursue my research and testing.
I must admit that it's a bit intimidating to learn not only Drupal but the technology that supports it. Right now we use Windows/IIS and VBScript/Html mostly, for Drupal we'll need to implement an Apache box and learn PHP/mySQL on top of learning Drupal and successfully planning and implementing a redesign. It's a daunting task, to say the least. But I feel confident in my abilities and my coworkers' abilities to do this.