Context my friend, no one's bragging about beating these teams - the point is that these teams are P5 teams and BYU beat them. Not all P5 teams are an automatic loss. Another message is that Michigan State and Nebraska are likely not on BYU's schedule if BYU is in a G5 conference.
SO the two options in my mind are:
1) G5 conference for less money and playing games on Facebook live, all for the opportunity to win a Conference Championship, so we can have another "conference Championship" banner that no one looks at, and print up another "Conference Championship" t-shirt that 4 people buy... or
2) Independent in football, and a membership in the WCVC for other sports for more money, more time on TV admittedly more losses on national TV - but the chance for special wins against nationally named teams