Yeah I don't see it hurting Non P5's any more or less than kids transferring now does. If coaches leave/get fired.... you will still have kids transferring/de-committing. If a player goes somewhere and doesn't get a lot of playing time... now they can transfer without having to "get permission to be released"
Just think.... under these new rules.... the whole Buckingham fiasco, and all the rumors surrounding it... may never have happened. It would just be.... ok Buck opted out and is now free to go wherever he feels..... obviously with a few restrictions (mostly pertaining to conference schools.