The FCS is so watered down that suggesting that it's the toughest schedule you can recall is a stretch. Although the MVFC is well represented, I don't believe that the teams are more talented. Actually, I think the overall talent of the middle-of-the-road teams in the conference is less talented then in the past
Whether the FCS is watered down, or not, is a separate issue, and for the record I do not agree that it is. Back in the day when Appy beat Michigan it was a shocker, over the past 10 years MVFC has done quite well against P5 schools, winning quite a few games and taking many other games to the wire. NDSU is having problems getting P5 schools on the schedule.
Two of our middle-of-the-road teams UNI and MSU lost to P5 Iowa St 16-10 and Oklahoma St 23-16.
My point was simply this, I do not recall a season where we played this many play-off teams along with a P5 school.