But I have cheered for an Iowa State program that was lower than whale poop - including the bottom-out year of 1994 (0-10-1). Terrible program with terrible facilities with terrible fan support and without solid administrative support. Being in a Power Conference meant diddly back then!
Iowa State NOW has advantages over most of the current G5 programs including the successful ones like Cincinnati, Houston, Memphis, Boise State, etc. I know that it would be a tough adjustment, especially ecnomically, but Iowa State will still be light years ahead of the other schools in the AAC and / or MWC (if it comes to that).