Word up here is that it's not Wake holding things up but NCState. For some reason State has a real problem with VTech, maybe due to competition for engineering students from NC and VA? But they really don't want them in the league.
I think Tech, FSU and Clemson need to go ahead and let the rest of the conference know that we will be exploring other options if expansion doesn't go through. Not a threat to leave, since there isn't currently anyplace to go. But put them on notice that we think they are killing the conference and that if we see a better opportunity for ourselves we're gone. Then let's start working on something else for when the BCS gets to work on the next round.
I don't know if the SEC will ever be an option for Tech again, but we really do need to start working on options (if we aren't already). And we're much stronger if we're in this with FSU, Miami and Clemson.
And texstinger, just what are Tech folks doing that is stupid? We can't rejoin the SEC. They don't want us, at least not now. If we leave the ACC is costs something like $7M and our payout from the league last year was the highest ever by any conference. The problem is the future state of college football, not anything that is happening right now.