I don't think this tells us anything about UCF, Houston, etc., but it tells us a whole lot about Ok St, Iowa State, and Texas Tech... For OSU, ISU and TTU, this is the conference realignment version of "I didn't get in to my first or second fall back schools so I'm going to community college".
For those looking to hire Art Briles, keep you eye on Baylor. Now, Briles confirmed pre-existing stereotypes about Baylor (mental note, don't hire Ken Starr if you care about being relevant in the broader world), which it wouldn't at TU, but hiring briles will definitely get you labeled as "that girl". If you're liberty or Mississippi or whoever that embraces your "can't we just make it 1850 again" rep, then that's fine. But don't get fired up when not everyone's going to want to hang with you.