Until now, I haven't taken the time to check out their website, but I've read posts on here about the fan support there and the fact that they are the state flagship school. I guess the problem is that not being in the position of AD, I'm not seeing it from an AD's perspective (but if I was, I'm sure I still wouldn't have lobbed that bomb). Cincinnati is in the Big East but they are not the state flagship school and they have less programs and a lower football attendance average (and maybe a lower bball attendance). From my perspective, I view UC as being in a superior position because of their access to success in the BCS or NCAA tournament. From my POV, UT and NM have the same chances for getting into a BCS game. Also, there's a big difference between a state like Ohio and New Mexico (pop. 11.5 mill vs. 1.9 mill).
Regardless, I see your point about facilities and having less in-state competition. Also, I do think that the MWC is better than the MAC, but I don't view it as a BCS conference. I think that the top teams are comparable but the difference is the dead weight at the bottom of the MAC.
Either way, I'm off-track now and I'm not here to make Shadenfreude's life difficult, so I'll leave it at that.
UT is listed in the 2004 edition of The Unofficial, Unbiased Guide to the 328 Most Interesting Colleges by Trent Anderson and Seppy Basili as one of the U.S. schools with the “Most Beautiful Urban Campus.”