If they are a favorite, then of course their president isn't an idiot since whatever he is doing is working.
Now I will say I am an ACC guy. And while all this expansion of the Big East turf wasn't my initial desire, I've come to accept and even appreciate it. But UConn has been my first choice for the last few expansion picks (even if only to say thank you for stopping K when you could). You seem like the ideal ACC choice, the one I would love to have, and I've followed this board here since way back when.
That said, I think the frustration comes from how this looks exactly like how the Louisville-ACC situation played out. UConn stays quiet and calm, Louisville goes berserk. UConn, in a much better spot than now, appeared to get outhustled for the last spot on the lifeboat. Now it's of course questionable if there was anything they could have said to convince FSU/Clemson, but the fact is that the perception was UConn simply sat on its hands. Despite pretty much every major move of the last few years being a proactive move by someone (Mizzou, VPI, Maryland, etc), UConn seems to have mastered the art of Zen Buddhism while the Big East collapsed around them. It's probably not fair to say the public engagement was the sum total of all UConn's actions (Maryland was proactive AND stealthy), but perception is reality. And the reality is UConn is in stealth mode with nothing to show for it. And as a fan, that must be terribly discouraging. So go all out now with a full-court media press. Even if the Big XII doesn't choose you, you make the other conferences notice that UConn is alive and well and ready. Sports isn't so high-brow that a little heat can't go a long way.