....After that, the other 50 or so will be left to do what they want (some kind of glorified D1-A or something).
This has been the writing on the wall for a long, long time. The "BCS" doesn't want the so-called mid majors to take any slice of their imminent playoff pie.
You guys are going to get the regional, intimate football you crave. Ohio fans can root even more openly for Ohio State because it will be a real minor league/major league kinda thing, like people who root for Clippers and the Indians.
You'll get a national playoff too! And I bet that people will be much more kinder and gentler on the message board. The new D1-AA definitely will kill all the delusions of grandeur we fans sometimes have (soon to be had) of our program. I'd like to argue that these delusions added to the fun of being an Ohio fan... but I can see the harm too.
Wanting to compete on the highest national level... I've learned it's just too much for the fanbase. Losses become even more unbearable. Blame gets put on players or coaches, and then there's this need by the noble stalwarts of the program to circle the wagons against any perceived threat.
I'm happy for you guys. It's not what I want to see, but I've always seen things from a non-Ohian's eye. This is your state school, your region. May it play out as you see fit.