The four guys (Pollack, Howard and two guys I don't know) on ESPNU last night (11/29) were really talking up a G5 play off. I assume they mean similar to the P5 not the Div IA playoff. They kept making the point that mathematically no G5 team is ever going to make the PLAY OFF. They didn't specifically mention a separate division, but that's what it would come down to. It would be just another way to keep the poor sisters of charity poor by excluding them from any of the major bowl games.
I swear the only way we can break their monopoly is for all G5 teams to refuse to play any P5. Make them beat themselves up. If they only played each other there wouldn't be any money games only equal games and it would even out their schedules to only six home games each. They would lose a ton of money. Besides their records wouldn't look so great and maybe their fans might get a little upset over normal 7-5 seasons. Of course the G5 schools would never do this because they would lose their money games which they depend on to balance their budgets.