The suggestion of UConn > B12 has also been put out there by one of your own: Guy Jones. According to some that I read on this board, Guy Jones has a pretty good historical track record.
In the recent past, Jones claims some interesting schools to the B12, including: UConn, Florida State, North Carolina, Duke, Clemson, and, of all schools, San Diego State.
In recent days, however, Jones has watered down the foregoing claim by saying that UConn would be invited next into the ACC if another ACC school abandoned ship.
Due to the vagaries of expansion (changing minds, etc.), it is not surprising for claims, then accurate, to become inaccurate over a short period of time.
Bottom line is that your President is undoubtedly correct: UConn is a major player and will land in a good spot before all is said and done.