Two things I think are coming out of this, which will be permanent:

1. End of Divisions
2. Expansion of P5 conference schedules to 9 or 10 games

Maximizing media deals will drive the SEC then ACC and P12 to add a conference game, and possibly also the B1G. Likely the AAC will follow suit, as like the ACC, growing the ESPN contract is the only way to improve the money.

Divisions are definitely not working for the ACC, have problems in the SEC, B1G and P12 with broken rivalries. Also a desire to pit the best two teams rather than one trying to maintain it's playoff spot and another who can only spoil it for the conference. The ACC's unilateral declaration of Divisionless football this year speeds up the inevitable push in that direction, coming as it does on the heels of the AAC waiver (the P5 do not want expansion forced by arbitrary CCG rules, they want to quality control whomever they add).

Both are good moves.