From what I have seen around the web, UA wants to go to the New12.
ASU wants to stay in the PAC.
The New12 wants both.
Utah and Colorado prefer the PAC.
OUW want out of the PAC.
OSU and Wazzu are desperate for their State Legislatures to tie them to OUW.
The PAC needs SUDS more than want them.
SUDS has this delusional belief they can play the New12 and PAC against each other.
The PAC definitely want SMU, Rice, and Tulane.
Cal and Stanford desperately need the PAC but believe they are above the fray.
The PAC is pretty worthless without U$CLA.