OK - I guess everybody has seen the NCAA press conference this morning:
In essence, they did NOT give the university of PA the "death penalty". They gave them (I believe) a $60 million dollar fine, excluded them from playoff season and bowl games for four years, and established a complicated set of ethics rules to be followed including an educational program, an outside ethics supervisor, and another outside official to report back on progress to the NCAA.
The president of the NCAA says that they strongly considered the death penalty, as "this was the WORST ETHICAL SPORTS PROGRAM VIOLATION that he could point to in history" - but that they stopped short of ending the sports program for a number of years in favor of a program which would have "immediate corrective measures".
I guess I was a little dissappointed personally - if SMU got a three-year death penalty for the Payoffs and the Porsches - I thought PA should have gotten at least the same for this. But what they got was pretty severe by recent standards.