I hope OU is in the same division as UH & Cincy
In a perfect world, they would be with UH, Cincy, WVU, TCU, and ISU.
but the world we live in is the a North/South Split and OU bitching about the weak North dragging down the conference and creating a "psychological disadvantage"
I think the odds of a North/South happening again are relatively low.
Everyone is going to want regular access to Texas now that they're all getting two games a year. You can make that happen, more or less, if you split the Texas schools into two divisions and then ensure that you play one of them in the cross-divisional games each year. You may get six games in Texas every four years instead of 8, but still.
The reason the Pac-12 divided up the way it did is because everyone wanted access to California.
I've seen it stated that OU/Texas don't want to diminish the RRR, so they don't want a rematch scenario ... so same division or bust for them.
TCU is going to pitch a fit about anything that separates them from local games (they'll be the final holdout on voting in favor of expansion I'm guessing, because of this), but outvote them, pair them with Baylor (who would LOVE to get away from Texas/OU for an easier path), and tell them to shut up.
8 games gets OU fan base what it wants = more games against other elite national teams. Pair teams with yearly cross-division rival. Done.
OU - Cin (because Boren wants them so bad)
OSU - WVU
UT - TCU
TT - Bay
KU - [insert team 12]
KSU - ISU
If you add BYU, you can stick them in the group of death instead of KSU and have the Cats' cross-division rival be KU. Don't much care either way.
Does this make OU/Texas happy? Guessing yes. Everyone else can and will deal.