There's not a single thing here that fits with what I understand he said. There's no mention of FCS schools in what you've quoted. It doesn't take a genius to see a three win NC State game isn't quality competition and it fits what people are crying for; home and home series.
It was proffered as some loophole with what appeared to be a suggestion we'd see more home and home series if we didn't see the Tide play neutral site games. Over the two decades mentioned we see it didn't. The evidence you claim isn't there is found in record books. UCLA, as mentioned, is on par with Duke. NC State ranks below Duke and Louisville. Yet, those are the two we see people complaining about.
The suggestion there's more credit given to current football teams today than that of yesteryear is also true. You've admitted such when we've had discussion on recruiting, parity, and scholarship limits.