I completely agree about the short-sightedness of the OP's post. This isn't just any group of schools we're talking about. These are schools with name recognition that extends far beyond the reaches of college hockey. This will be a league that now boasts more national championships than any other league in college hockey with member institutions that rival any other school in hockey tradition. This will be a league with its own sports network behind it willing to broadcast 40+ games per season nationwide in high def meaning a pickup of a ton of casual fans in addition to the die-hards that follow these specific schools. Whether you want to admit it or not, this will be a league that deserves instant respect based on tradition, and will bring a larger hammer than anyone else with regards to revenue.
Having a knee-jerk reaction and ticking off the Big Ten institutions as a whole is the last thing you would want to do as a conference if you ever want to play any of these schools again after the BTHC starts. If we've learned one thing about the commissioner of the Big Ten Conference, it is that he can hold a grudge for eternity.
Instead of focusing on the negative aspects of a BTHC like everyone else is, think of it this way. Up until this happened, expansion was basically impossible in D-I hockey. The WCHA will now have two spots available for expansion, and the CCHA will now have 4. The BTHC will have 6 (which will never be filled all the way because only Big Ten members could be involved and they won't all add hockey).
The only way hockey programs start folding now is if the WCHA does something foolish and pulls Miami and ND into their conference leaving 6 institutions that can't hold together a league on their own. The BTHC will finally give our sport a television spotlight capable of matching the CHL for exposure, and might start turning the tide of recruiting in our favor. Continuing to be petty does nothing for the sport except build grudges that would be detrimental to the growth of the sport as a whole.