The clear winners to this point:
The Big Ten, Nebraska, Texas, Texas A&M, OU
The wash:
Pac-10, Mountain West, Baylor, Kansas, Missouri, Iowa State, Kansas State
The clear losers:
Colorado, the Big XII, Texas Tech, Oklahoma State
--
Up to now, Nebraska in the Big Ten is by far the biggest win. Yes, they have buyout penalties that I'm certain they will contest, but they have improved the strength of the Big Ten and put themselves in one of the best conferences with one of the best payouts. Texas, Texas A&M, and OU basically accepted bribery from the Big XII and have now solidified their positions as the only three teams that matter in the Big XII.
The Pac-10 gained Colorado and (presumably) Utah. The Mountain West replaced Utah with Boise State, maybe an upgrade in football but overall a loss. Baylor, Kansas, Missouri, Iowa State, and Kansas State all still have homes. This to me is a wash for them.
The losers: Colorado, whom is going to get raped by the Big XII and whom was basically forced out by rumors and threats by the Texas legislature. Texas Tech and Oklahoma State are now officially labeled as cronies that can't go anywhere that matters without their big brothers dragging them along. What is worse, they could have objected to all of the unfairness of this and it would have fell apart, but now they lost their balls and will let the roosters rule the roost.
The Big XII, as a conference, lost the most over the past week. Their instability and lack of legitimacy has only been confirmed by the storm of media that has resulted from conference realignment. They've publicly made it known they are going to have to bribe and be bullied by the University of Texas, Oklahoma, and Texas A&M to keep their conference together--to have jobs. They lost two great schools, lost the only hope the north division had in going to a BCS bowl in the conference championship game, and have only staved off the threat of disbanding for a relatively brief period of time in terms of college football.
The best part about all of this?
It isn't over! The Big Ten is still in their exploratory phase and I have no doubt that things will heat up in another 6 to 9 months, this time we'll be looking east and at one particular school in northern Indiana.
I'm happy with where we are today but know we'll have to do more. It could always be worse, we could be the Pac-10 or the Big XII--both of whom have epically failed in my eyes. The Pac-10 expanded to expand, they didn't strengthen their conference at all. The Big XII, downsized and are worse off for it.