A little info FITZ has been sitting on but revealed last night is if Conference Armageddon had occurred and Texas and the South + NU & CU had jumped ship and there were only four members of the Big XII standing we would have been fine. Just added some teams like UNLV and Tulsa to fill the voids but we definitely would have retained BCS status. Just lost a little "sexiness" without Texas in the league.
Just a little FYI, if you were ever concerned. Turns out we shouldn't have been.