BIG12>PAC12>ND P5/Indy Status>Indy>AAC>Death>MWC
Even if we had independent status similar to Notre Dame with bowl access/playoff access, I do not believe that scheduling would be as easy or as good as with Notre Dame. The home and home series that come automatically with conference affiliation are much more difficult to get as an independent (unless you are Notre Dame). That is why I prefer conference affiliation. I also love the idea of playing for a conference championship.
I like the BIG 12 option more than PAC 12 simply because I have previously lived in the midwest. I also am an alum of both KU and BYU and would love to see KU versus BYU in basketball in the Marriott Center.