From Bo's position, this might make sense. The flirtation with Miami was well-documented and shows that Bo doesn't seem to be completely wedded to the Nebraska job. He also now has a new boss in Athletic Director Shawn Eichorst, and certainly realizes he isn't Eichorst's guy. Furthermore, Bo must realize that Eichorst IS Chancellor Harvey Perlman's guy, and after that fateful Texas A&M game and public chastising of Bo by the Chancellor, there isn't much love lost there.
On the flip side, Bo does have a pretty great thing going for himself in Lincoln. If he wins Nebraska's first conference title since 1999, he'll immediately see his job approval numbers shoot up. The schedule gets remarkably easier in 2013 and 2014, and he returns Senior QB Taylor Martinez in 2013. If Nebraska can get some help on the defensive line in the form of JUCOs, replace its tight ends and safeties as well as LB Will Compton, it could be a strong unit.
Regardless of which side of the Bo-fence you're on (pun intended), everyone is rooting for Nebraska to bring home the conference championship. The question is, if the Huskers do, what will Pelini do next?