100%. Some of the mouthbreathers out there (like Altimore) have said that the PAC crumbling actually speeds up the “P2” process and is bad for the XII long-term. Of course they say that. A cornered dog will bite. “Don’t kill me”, said the man under attack.
Having P2 is much easier with more space between the top and bottom. Ruling over a bunch of small, disjointed groups is a key mark of power grabs that succeed. It’s played out in history time and time again.
I’d think differently if I thought that the ACC, PAC, and XII could align cooperatively to counter the P2. But that goes out the window when every member institution would jump for the B1G or the SEC if given the chance. We’re all in until we aren’t. And the NCAA as it stands doesn’t have the stones to fight that fight.