As a Duck, I don't necessarily disagree regarding CWT's move or the easier route to the playoff, but a few of your other statements are questionable.
Uncle Phil has installed a $100M endowment to the athletic department, so the money isn't drying up at Oregon any time soon.
Eugene isn't a metropolis, but it's only two hours from Portland, and if you like hiking, hunting, skiing, boating, fishing, crabbing, clamming, beachcombing or sightseeing there's plenty to do, to name a few. I've never quite understood this logic anyway. Tuscaloosa isn't exactly known for its nightlife, is it? What the heck does Tallahassee have that Eugene doesn't, besides heat, humidity and a state capital?
Leavitt's contract prohibits him from seeking other jobs during the season, including bowls, so he has not made a deal with FSU, and he won't until after the 16th. I'd like to see Oregon offer him the head coaching position, but I've heard people mention his baggage as "the face of the program," so I have my doubts they'll do it, although I think it would be the best decision.