well, moving people around on the fly is problematic - it could be done in a reasonable way though - adjusting schools as people leave, or if they are already open, that would be ideal. or, could even set a date things will change, and make the change then, giving people ample time (probably 1yr for 1/day worlds) to unwind their current situation. i think there are ways to go about it gracefully - i just don't think WIS will go about it those ways.
all in all, it seems pretty messy, lot of work, and WIS generally neglects the game pretty badly. i am not so much opposed to the change as i just don't think its worth the time. it would be different if they had people working on this game full time, and they were willing to put some effort in to smooth the transition (you'd have to assist with coach transfers and such if you made changes while people were currently at schools - dropping from d1 to d2 would be pretty unacceptable to a coach, for obvious reasons - or what if your school stops playing basketball - you are now a coach without a program?). plus, they have to redo scheduling to adjust for non-12 team conferences. im just not up for the painful transition we'd be in for, given the limited time they have, especially for something that is really just window dressing and has no impact on the game.
a similar issue is baseline prestige. WIS based baseline prestige on the last 10 seasons of real life (which is a ridiculous standard if you ask me - a programs long term prestige is not a 10yr deal - its why we have a good number of baseline prestiges that are nonsense). at this time, that 10 year window is completely out of the scope of the current 10yr window. if baseline prestige could float, based on HD seasons, this wouldn't be a problem - but it is a problem, if you are concerned about real life. i'd be for an update, just like the conferences, if and only if WIS would devote the significant time needed to making that transition graceful - and if it hadn't been years since they did anything meaningful anywhere else in the game.
last comment... seems updating this once would be retarded... have to do the same thing again. better to make it flexible by design, and thats a huge overhaul...