I am a lifelong UConn fan and huge fan of the Big East (liked the old better than the new, but...) this move was inevitable ever since BC defected. I hate to say it, but if UConn has to realize that it's every school for itself now, and I firmly believe the BEST scenario for them is the ACC. I think Cuse is delusional in thinking that they fit with ACC better than UConn. I will admit to not being able to accurately analyze all the sports, but in the ones that matter most - football and basketball, UConn remains superior. On the academic front, I would imagine that UConn outpaces Cuse as well.
When it comes to markets, what does Cuse bring that UConn doesnt? NYC? Maybe, but UConn can deliver metro-NY AND all of New England as well as being a natural rival for BC, UNC, Duke, etc. Hearing rumors that Duke doesn't want UConn - which would make sense to me, but if conferences are going to 16 schools anyway, then Duke should suck it up.
As I see it, there are only really 2 outcomes for UConn -- hopefully get into the ACC, or remain in the Big East, whatever it looks like post defection part deux. I think I'd rather take my chances in the ACC.