Indy is only better than "NO with a bad opponent" if Indy has a "big name program" for us AND we negotiate a good deal with them on seating, tickets and payout. I'm not talking about the "fan's perspective". I'm strictly viewing it from our program's perspective.
A ranked NIU would be interesting to consider for Go Daddy for our football program. Sunday night at 8pm in an open stadium in Mobile on a cold January 5th... not so interesting to me personally.
I think we'll end up in the NO Bowl. I just hope it's Rice or Tulane... for some crowd fun with a regional opponent. That would be a refreshing NO Bowl change for us.