As a grad from a service academy (in fact the worst in terms of football performance) I actually wish they would just go ahead and make a new division in between FCS and FBS, for all the mid-majors.
The reality is that there is a wide gulf between the P5 and G5 schools at this point, and only a small handful that really go against the grain. BYU is one I can think of, in terms of past football success and size of fanbase, and athletic department revenue.
But let’s take Marshall as a good example of a mid-major. Their stadium holds 38,000, a number it almost never hits. In fact I think their only official sell out was against in-state rival West Virginia, and largely because many West Virginia fans attended the game. For several games this season, their undefeated team drew less than 30,000 fans, sometimes in the mid-20,000s. This is important because success in college football is a nexus of money, fan support, alumni/booster donations, recruiting etc. A lot of those things don’t work with a small, disinterest fan base. Marshall is typical of G5 schools.
Marshall in particular had a schedule weaker than some 10-20 FCS schools, due to having a late drop from their schedule and they had to replace it with one of the worst schools in all of FCS, which really hurt their schedule strength (I believe it was Rhode Island that has like 10 losses in FCS this year.) Even undefeated Marshall simply didn’t belong this year, they didn’t play a single P5 team, and I think they only played one team with a better than .500 record. There is something to be said for going undefeated, but it can’t be against absolutely nobody.
I think while it’ll upset some fellow mid major alums/fans, it should be recognized that teams like my Black Knights, or Ohio University, or Northern Illinois, just simply are not playing the same game as Alabama or Oregon. It may look the same, but it’s really not. It’s unfair I think to consider them the same, I’d like to see the mid-majors as their own division with their own playoff. I’ve watched the FCS playoffs before, they’re quite fun. I see no reason mid-major fans wouldn’t enjoy their own playoff versus the current system where at the very best we may sneak into a big time bowl once every 5 years, and other than that we get dispersed to a handful of suck ass bowls in no name towns.