I don't really have a problem with this call, as I believe that technically it was correct.
The only thing that pisses me off about it is that play is not called consistently throughout the game. In other words, the clock does not stop the instant the ball hits the ground (or railing...) after an incomplete pass for the other 59:59.9 of the game (and nor should it, that would be a horrendous waste of time). It's commonplace for at least another second or two to run off the clock after every such incomplete pass, so, to me, it was a little galling for them to actually review that call with that type of precision in that circumstance.
That said, I do think it was technically correct. Amazingly awful luck, yes, but technically the correct call.
As an aside, if the roles were reversed and we were driving for the game-winning score, do you think that extra second gets put back on the clock?