It will be interesting. It's not a huge jump, but like all things in college athletics, it's a move in the wrong direction.
In the past, college sports had JV squads. One thing players on a team have to be conscious about is the staff bringing on younger players to move others out. 100+ players is enough to have a JV team. This JV team could be used as a vehicle for allowing borderline players to prove themselves in game experiences. If a kid isn't providing himself on the JV team through his sophomore season, the coaches can then have a conversation with him about playing football at that school probably isn't the best option for him and he can transfer or stay on scholarship outside of the football program. It may cut down on some transfers, or some players could be close enough to graduation that they retire from football.