As a fan, a college football fan do I see this as a little bit over the top? Probably yeah.
But as a fan an American Athletic Conference team I can see this as a type of protest to the current college football system. I see this as a big f*** you to the committee. The committee that has treated the "g5" like an extension of the FCS for years. The college football championship should be determined by a team's current year talent, resume and consistency -- not by TV revenues and reputation alone.
What the college football committee has right now is definitely not the best solution and this is an opportune moment for the AAC to start a serious conversation about it.