Biggest upset of all time, or victim of hyperbole?

Look, Michigan lost, ok? Go ahead and call it the biggest upset of all time, just to save the time and effort thinking of bigger ones, but what's the big deal? Many detractors who claim that preseason polls (me) are the same ones who repeatedly point out that the #5 team in the country went down to a 1-AA school (not me). Well, yea, I guess that's true, but a bit misleading with the facts.

-Appalachian State is the two time defending D1-AA champion. Sure, it's not 1A, but looks like they've got a pretty good thing going there. By the way, former 1AA teams who've recently made the leap to 1A: Marshall and Boise St.
-This is a Michigan team that got destroyed by USC in the most recent Rose Bowl. Just absolutely pounded. Don't tell me that they were out to prove something this past weekend, baloney, they're more concerned with next week's Oregon , which brings me to my next point:
-Lloyd Carr. What am I going to add that hasn't been said already? Why does he still have a job? Way to get the team ready to play. At least there's a bye week after Oregon. Oh nevermind, it's Notre Dame. Same thing.
-Chad Henne does, has, and will suck. His passing yards and TDs have gone down every year while his INT/pass ratio has gotten worse. Ooh, another year under his belt, he'll be good, right? Wrong, the few highlights of the game continue to show the same thing - he can't throw the deep ball. Try leading your receivers a bit instead of forcing them to slow down and even stop.

Yea, the Wolverines lost, but it was a losable game. One of those where the teams weren't as uneven as they looked. Hey, at least Michigan accepted the challenge from a champion, instead of settling for their coach's former team, a pushover. I don't understand the anger so many non-Blue fans have for Michigan now, it's like all D1 fans are taking out their insecurities on 'em.
If the polls have meant anything, then how does one loss drop a team all the way from #5 out of the Top 25? Calling voters "asinine" (Dan Shanoff) for voting Michigan 16th? Doesn't make sense. This team will do what they always do, win 7-8 games and go to a bowl. They'll finish the season in the Top 25, what's wrong with figuring that they didn't play their best, but that they'll come back? College football polls often lack sense and purpose, there's really no need for them until week 6 or so.