The PAC is nothing but another G5 conference. Wait....I forgot they aren't considered a conference until they obtain another football member. Where's SAC St when you need them! Also, where's the superior TV-Media deal? At best, moving to the PAC is a lateral move and I find it meaningful that belonging to the MWC did not prevent Boise from obtaining a bye in the football playoffs.
I don't disagree with the crux of the point your making.
And in the long term this probably doesn't matter.
But with the current CFP structure SOS scheduled matters.
Army had one loss (before Navy) and beat a highly regarded Tulane team in their conference Championship.
Their OOC was weak but so was there conference.
UNLV lost twice. But remained ahead of Army because both OOC and conference schedule were significantly better.
In this new iteration of the MWC UNLV is almost forced to go undefeated in OOC or lose to a top tier P4 in a close game (Like Boise State vs Oregon). Then be forced to run the table in MWC. There won't be any quality wins within the new MWC. I get SDSU and Fresno were both down this year. But beating UNM or Reno or UTEP aren't helping SOS at all.
Longterm with conference realingment and possible Super Conference/League it likely doesn't matter. But short term with this CFP set up I think it does.
If PAC somehow pulls off Memphis or Tulane or both the gap between conference is massive. A 2 loss PAC team likely gets in over a 1 loss AAC/Sun Belt/CUSA/MAC or MWC team.