Going Indy was a leap of desperation (or faith if you can't stomach reality.). It may work. It may not. Probability is not in favor of BYU. Odds are against BYU getting into P5. You might say it needs a miracle--an act of god to get into a P5. So, will it be against heavens will to get it if it fails to do so? If the Texas/Ok circle bolt for the P12, BYU is screwed. They will be stuck with some hybrid of leftover Big 12 schools that get left behind or have to go back to MWC.
Of course BYU couldn't stay with the horrible TV rights situation of MWC. But had Hair granted BYU TV rights, where do you think BYU would be? And if BYU doesn't land off its leap into a P5, where do you think BYU will go? Indy longterm is unsustainable. Deal with it. Egg on face and serious smack by Utah awaits if TH doesnt get it done. Prep for it. It's gonna suck big time, but as Hans is saying, if P5 doesn't happen, conference membership, conf championships, and a viable shot at a Big 5 bowl is better than what BYU will have as it slips into irrelevancy with its Independency. What's the alternative? Would you rather cancel the sport program at BYU or go back to MWC? If BYU can't get in, some BYU fans are in for a very hard landing.