There is a major difference though; the $300 (in theory) allowed us to put a player on the field who wouldn't have been there otherwise. If it indeed happened, it was tantamount to us paying players which is a obviously a competitive advantage.
Up until this case, it's never been about the severity of a crime, but rather about the impact it had on competitive balance. In this case, it seems a lot more about the severity of the crime and the shame it has brought on college football. I don't think comparing this to our $300 violation or any other violation is really appropriate.
But it is the NCAA's place? Isn't this the NCAA trying to punish Penn State for the crime of enabling a child molestor, while the criminal justice system is doing the same thing? This paragraph seems very contradictory.