The caveat UCF has is that they've had sustained enough success that even a decade of struggle seasons will still bring in fans. My UCF grad brother would probably still buy some season tickets to save his spot, just likely wouldn't drive from Tampa as often to see the home games, and that likely would require them to play super terribly poor. He even attended many of the games when they were staring 0-12 in the face a few years ago and knew it was coming (granted, then they were still riding high off the Fiesta Bowl year so fans were hopeful they wouldn't go 0-fer again).
They've at least reached the point where they could have some really HoltzStrongian years where watching games are painful, and likely the locals would still show up, take the kids to a few games, etc. That plays into not having the same competition in sports as Tampa Bay does (esp since Magic games don't interfere until later in the season and MLS is winding down).
When I briefly attended UCF 20 years ago (yikes, realization I'm old now), I think in the 2 years I was there, I think I only attended 2-3 games in 2002, their first year in the MAC. Team was decent, but I distinctly remember feeling at those games like I sometimes feel at Ray Jay, regardless if we are winning or losing. I think USF has a ton better gameday experience now than UCF did in 2002, but when I went to the 2008 USF-UCF game with my brother, we set up the tailgate at 7:30am and even in enemy territory, it felt different. It felt the same way it felt when I visited Michigan State, UF, and FSU. Walking to the stadiums felt different than it does at RJS. Hard to explain, but there is no denying that is one facet of an OCS we won't have until we have it.
All those points aside, RJS is still a badass stadium that's easy to get to, is comfortable, and can carry a good vibe, especially when exciting and winning. It's just different. If RJS and the campus were closer, I'd never want an OCS and I don't think anyone else would either. But at this point, I'm happy that at least our off campus stadium is the one it is, and not the Citrus Bowl of the early 2000's. I'd take an OCS any day if built right, but will accept what we have and just hope that the team is competitive and can build and sustain success at this point - because winning seasons drown all of this out.