This is my favorite comment because I think you're right.
And what excites me is that IU and Purdue have been trending in different directions for quite some time. Using your logic, that's a lot of kids from this generation and last that aren't ever going to care about IU basketball. If anything, they have (will have) locked on to Purdue just like many of you locked on IU in the 70s and 80s.
@bsmitty08 is correct as well. I've got a lot of IU friends and grads, and many of them still love IU and can't believe what's become of the Hoosiers. I can't even talk smack with them anymore because it's like kicking a dead horse.
However with time, their apathy has given way to respect for Purdue and its program, and they sometimes cheer** for them.
** Unless they are playing IU or until the second weekend of the NCAAs. The latter is because they know the FF and banner talk are the only things they can point to as positive for IU when discussing the two programs.
If Purdue breaks through in March/April it's going to be so painful for them -- as I'm sure it will be for many of you.
IU is in a precarious spot. The old fans will come back with success, but they better hurry because this generation of 10yos is forming their allegiances and kids like winners.