That is just silly. Vandy was a bottom feeder before Franklin came and his last two seasons they went 9 and 4, and won back to back bowl games. If you want to use a different metric and categorize something as misleading you need to contextualize to see this record in light of the previous years where they could not win big or small games. So, lets get past this.
I have not weighed in as it being good or bad. I have iterated that the toxic environment forced this move. Only time will tell if it was the right move or simply reactionary. If the program turns out to be another version of Nebraska, Iowa, Rutgers, etc. we can circle back; if it turns out to be able to compete and win over Ohio State, which appears to be your benchmark, we can revisit it also. You may have to wait a very, very long time.
To your comment on college football. Norvell has survived. Ferentz has survived, Narduzzi has survived, and the list goes on and on. The bottom line is this. For better or worse, Penn State fans evaluate this program against the #1 and #3 most successful programs in college football (and now against Oregon). They are simply not in that tier. Is it fair? Not a useful term. What we will see is what the impact of this will have to game attendance, revenue stream, recruiting, and so on in the next few years. You can only assess the value of an action in terms of its consequences. We have yet to quantify them.
This year was an unmitigated disaster. Undoubtedly. Did he deserve to be fired in the context of his entire body of work AND what Penn State can realistically hope to accomplish in the years to come, only time will tell. I hope they can put a decent product on the field in the not too distant future otherwise the financial impact will be awful.