Lets be realistic, the ACC is a piece of **** as a football conference. It is by far, the least attractive of the major conferences.
The Big East was far worse...and it has now become a mid-major.
The ACC, different from all of the other conferences, prided itself on a certain level of academic prestige.
This most recent move kind of counteracts that. But still, having Louisville doesn't diminish the academic quality of the other institutions. Louisville is a marginally better football school...UConn is its peer in basketball...but UConn is a more prestigious academic institution...but, it doesn't bring in a new market.
The ACC has, and will always be a conference that is dictated by Florida State and Miami. Just like when Ohio State and Michigan are down, the Big10 is seen as less prestigious in any given year. But, the Big10 hasn't had go to a decade+ without their premier institutions being relevant nationally.
The Big XII just has so much money tied up in the big Universities that they DO have, make them a powerhouse.
The ACC will stop being a piece of **** when FSU and Miami stop being mediocre football teams. VaTech and Clemson have upheld their end of the deal being second tier programs in the conference...Miami and FSU have not upheld their end as Tier 1, with FSU in and out of Tier 2 and 3, with Miami consistently in Tier 3.
Being realistic...if Miami and FSU ever hold up on their end...the ACC will catch up with the rest of the country. Can't rely on VaTech and Clemson to do it.