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A great move is bringing in Oral Roberts. Adding them alone makes me think that the move to the Sun Belt is somewhat of a waste. They are ranked ahead of us in basketball and baseball and will keep the conference competitive in the RPI rankings. The will join at the start of the 2012/13 sports year.
Houston Baptist is also joining, but I am quite certain this is for football only. They will be field a team at the start of the 2014 season. In every other sport, they have been ranked in the bottom third. They bring nothing to the table but a warm body.
Just recently, they authorized bringing visitation teams to New Orleans, Abilene Christian and Incarnate Word. I like the New Orleans move. Historically they have been competitive. The last few years they have suffered as the legislature bounced around the idea of moving to D-II and D-III. They left the Sun Belt where they were competitive in the sports offered. Now that they are in the Lousiana System rather than the Louisiana State system, they should be stable. If they rise back to the level they were, this would be a huge improvement, similar to Oral Roberts in my book.
I think ACU (a former founding member) and UIW are about football only. ACU was competitive previously, but I am not certain how they will fare in the rise to D-1.