My super MU insider buddy just told me that Pinkel has privately said that if the statue is taken down he will take it and put it up at his house.
The absolute best thing the school could do would be to invite all the boosters that are still paterno fans to an auction, then auction all the statues, murals, and stuff off.
Get rid of it for a high price while there are still buyers. Then donate that money to abuse victims or keep it as a drop in the bucket for the civil payouts.
Given the twitter response, it is evidently worth some money right now. another year or two may be diff.