It's worth mentioning that Georgetown, Arizona State, Oregon State, Colorado, Wisconsin, Northwestern and a few NBA teams (Nets, Kings, Wizards, 76ers, Rockets, Mavs, etc.) also use versions of the Princeton offense.
Proper spacing might be the most important factor for the offense. Spread out the defense and attack. You also need versatile bigs that can step outside, handle the ball and make strong cuts to the hoop. It's also a good system if you have enough talented shooters and lack inside depth.
As for Scott and Colorado: I mention that as a possible next stop for him because he's familiar to the region (head coach at Air Force before going to Denver) and Colorado runs the Princeton offense and has a coach on the hot seat in Jeff Bzdelik.
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