We were 12 last year, and became the first 12 ever to not host. We didn't even get a #1 seed at another venue, but a #2 at Baton Rouge. It really wasn't a bad set up for us, but it was an insult to every non-power conference school in the country.
While I would love for Louisiana to host, I would rather be an 11 seed 'hosting' at Penn State or Northwestern than a 15 or 16 hosting in Lafayette.