There has been discussion on here in the past about Ohio's pace of play. Especially recently with the news of the move to no-huddle. Bill Connelly, who does analysis for ESPN and FootballOutsiders.com, has a blog and one of his recent posts was about adjusted pace of play.
Since pass-heavy teams will have a faster pace of play than run-heavy teams, you have to adjust a level of expectations based on run-pass ratio. The results show Ohio with a slow pace. The Bobcats were 119th out of 120 teams in plays per game at 58.9 per game. Adjusted for run-pass mix, Ohio is still 117.
Keep in mind, this doesn't necessarily denote bad offense. There are some very good teams close to Ohio in pace. Somewhat interestingly, mythical National Champion Auburn checks in at #62. Ohio's Bowl opponent, Troy, checks in at #8.
Warning: Math involved
http://www.footballstudyhall.com/2011/5/16/2169822/the-toolbox-adj-pace