While I agree that there are bigger issues at play here, will say that playing a bunch of misfits is a major issue and one that will not create a fan base that would be willing to travel to UNH or BU or Purdue, or East Bumblef**k. People got excited for UConn when they were playing teams who we had history with. In football who did people push the rivalries with? Syracuse, BC, and Rutgers. Schools we've had history with in basketball. Well, all those schools are gone.
You talk about a generational thing. Well if that's the case then UConn is royally screwed. This generation (I'm 31), grew up with the Big East and UConn's rise in it. They grew up with their parents talking about the games between G-Town, Syracuse, etc. My daughter will grow up with the same stories from my wife and I yet she, right now, faces the possibility of seeing UConn play SMU, Houston, and Tulane every season. I can promise you, that isn't going to build a fanbase that will travel across the country.
You can build whatever OOC schedule you want but I am a firm believer that without close rivalries and hatred (in a sports form), college sports are no different than minor league sports. People will go to a game or two, but the passion will be lost.
So yeah, I firmly believe that without having teams that we have a history with in our conference, no matter the sport, UConn is in for a world of hurt at the ticket office. Like many have said, people who are die hard fans will still turn out but for how long? The casual fans won't find much interest and eventually neither will the fans who will still go to games in the next few years.
So call it BS or whatever you'd like. I guess only time will tell which scenario is the more likely to play out if UConn doesn't get the duck* out.