Quick translation of what I've read so far.
We(FBS) want to be our own division so we can make up our own rules and not have to worry about the non-FBS schools. We have no idea how this will work, but the magical administration fairy will surely work out all the bugs. Oh, and we still want to compete in the DI basketball(and other) tourney with all the other schools because we want the TV money, I mean it will be for the good of the division.
Seriously, I'm not exaggerating very much. I can't believe this proposal can work. It feels more like another shot across the bow than a realistic proposal.
An FBS remaining as part of Division I is less likely to maintain its integrity over time as a separate voting entity and would likely be unable to avoid the experience under the current governance structure in which institutions and conferences with very different resources and facing either different issues, or the same issues but in different degrees of acuteness, were able to move to Division IA or Division I FBS, thereby recreating the need for a separate FBS voice.In recommending a separate FBS division, the 1A FAR Board has neither evaluated all issues attendant on such a change, nor attempted to work out how to resolve all of them. We would find most welcome the opportunity to work with presidents and chancellors on the Division I Board or elsewhere, NCAA senior administrative staff, representative campus athletics administrators, and conference commissioners in making concrete the new governance structure. We have not engaged in close evaluation of the questions, for example, of which conferences and institutions should be identified as belonging to the new FBS division or whether there should be weighted voting in favor of the five conferences that remain from those that were automatic qualifiers in the BCS (or a sixth, should the AAC be so included).The 1A FAR Board supports a governance structure that leaves intact the Division I championship structure in which FBS institutions compete. We urge this for three reasons. First, the men’s basketball tournament funds more than 90 percent of NCAA operations, both at the national office and for all NCAA divisions, and we have no wish to create major impediments to their ability to function. Second, many NCAA operations and services funded by the men’s basketball tournament inure to the direct benefit of FBS institutions and conferences – enforcement; the eligibility center; interpretations; and student-athlete reinstatement (just to name a few). Third, because we believe that the Division I championship structure works well, we see no good reason to isolate FBS teams and conferences. (Moreover, although we have not examined competition numbers, we wonder whether some FBS-only championships would have a sufficient number of teams and student-athletes to warrant separate championships.5)