Yep. Brundle is an excellent co-commentator, though a bit arrogant, and hasn't raced in F1 for 20 years. He never won a race in F1 but never had a machine capable of doing so. He was highly rated as a driver though and gave Ayrton Senna a run for his money in F3.
The only ex driver who could possibly have a chance of being anywhere near as good Brundle might be Jenson Button, who would bring the value of more recent experience.