I guess Saban is a chicken**** then for not getting Hurts on the field in some way, shape, or form? Should have moved him to WR?
It's the same situation, just less recruiting stars.
Alabama is Alabama. They have other 5 star recruits at WR and RB, and all over the field. Alabama, playing their game, with the best man at QB, can beat anyone in the country. I'm not certain Iowa St, playing their game, with the best possible man at QB, can beat everyone in the Big 12.
However, if you occasionally play unorthodox, with your best athletes possible, then you have a chance to even the playing field, like against Oklahoma two years ago.
Having said all this, I would be fine with not even using him in these situations, until the Oklahoma or Texas game. But I do think its a loss to not use him at all, just because you're worried about injury.