This subject has been discussed thoroughly ad nauseum on this board for years now. The consensus seems to be that we simply do not have the funds or media market to move to a conference above the MAC.
When it comes to conference expansion I am kind of an expert as I am a hound for strategy type thinking and conference expansion (specifically the Big 10) got my juices flowing and got me involved in numerous boards and some in particular that specialized in conference expansion.
Conference expansion is led #1 by the biggest of margins media markets & TV ratings. Being 'good' enough doesn't really mean anything. Heck, just look at Temple going to the Big East for an example. If Temple was a rural PA university (ie Happy Valley) and not in Philadelphia it would still be in the MAC. They were a warm body in a major media market.
And unless Athens grows into a major city we are not going to be attractive for a long period of time. What hurts us even more is Ohio State can claim every major market we could think of. If Ohio was a 40,000+ strong campus with a loyal following we could claim Columbus as a major market. The problem would still be Ohio State monopolizing the ratings there.
So basically any BCS conference wouldn't touch us with a 1,000 foot pole.
But the rules are a little different for the next tier, ie CUSA. But would the additional money (still not much more) offset the additional travel costs? So FULL conference membership into CUSA could be a wash.
The Atlantic 10 is intriguing to me, but no football really hurts. Yes alot people want to drop football, but more people love it to stay. So maybe... maybe the best we could do is go to CUSA as a football only member and then go to the Atlantic 10 for the rest of our sports?
Even then... that's a stretch. We just have to realize we are who we are. So be the best Ohio we can, dominate the MAC and then let the chips fall where they be.