BYU to go independent in football?

Multiple sources have reported that BYU will become an independent for football and participate in the WAC in all other sports.

From a financial standpoint, the move makes sense for the Cougars. Without a conference schedule, BYU can make money in a number of ways. They can schedule big name opponents at home, and sell out their stadium. Expensive road trips to San Diego and New Mexico can be replaced, with instate traditional rivals like Utah (who will leave the Mtn West next year)
and Utah State. Most importantly, the Cougars can go on the road and gain some money (and respect) by playing against some BCS opponents.

Is this a good idea competitively? Probably not. Since 2000, BYU has gone 13-16 against BCS opponents. Unless BYU were to run the table, they go from a conference with 4-5 bowl tie-ins to hoping that some conferences don't qualify with enough bids. Even if a conference does have a down year, a bowl is going to take a 6-6 SEC or Big Ten team before they'll take a 9-3 BYU team. I'm not saying that this is *right*, but when it comes to bowl games, the almighty dollar wins out.

As I drafted this article, I'm reading reports that Nevada and Fresno State are headed to the Mountain West? Would this be enough to keep BYU, or do more dominoes need to fall?