One word...AWFUL.
Its just a big money grab, it unnecessarily dilutes a "perfect" tournament, and nobody aside from the NCAA brass was/is clamoring for this. I haven't heard 1 fan say that this is a good idea...well maybe schroedess, but still.
Metsmax's 68 team idea with the last 8 at-large teams having a LAST CHANCE TUESDAY play-in is fantastic and should be implemented. I saw on ESPN's bottom line last night that supposedly 68 and 80 teams were considered, but that 96 is the number. I doubt the Brass is talking about anything close to mets' idea, though its easily the best out there.
As I've said before, its sad that EVERYONE sells out to the greenback nowadays.
Lastly, FWIW, there are currently 4 postseason tournaments in the NCAA....The Big Dance, NIT, CBI, and College Insider tournament that has absolutely awful teams.
I think unnecessary is the most fitting word here.