Sure losing the two home games would stink.
I'm sure an 8th team will be found. However, the format could still allow for 4 games (even if just for a couple participants) but it's getting awful tough the longer this draws out. Worst case scenario with securing an 8th team, you get 3 games-against a field that is pretty decent-and that has advantages over playing an additional home game against an RPI 300 team.
However, if the tournament falls through, BU might be forced to fill out what games it loses with whatever they can get (bad, road or non-DI). And that would be bad.
But I think it will work out. It just won't be what BU was guaranteed.
Correct me if I'm wrong but I'm pretty sure if this falls through BU could only schedule one additional game right? Doesn't this tourney fall under the rules that allow it to count for only one non-con game?