Does anybody else find the retroactive vacating and tittle stripping lame?
Yes, but not as lame as letting a guy who was ineligible (and whose school sent back theirs) keep it
Sending back Bush's Heisman was more about bowing to the NCAA and getting the sanctions lessened than anything else. Young doesn't want the Heisman for a number of reasons including the diamond nuggets he used to wear in his ears at Texas while he was a "poor" student athlete.
The NCAA is trying to make an example out of USC's football program. Follow this link and you'll see what Notre Dame did in the mid to late nineties was much worse and involved a school booster and up to 8 players. SC got popped for one guy taking money from a wannebe agent that had nothing to do with the Trojan program and lived over 100 miles away near Bush's parents.
http://www.suite101.com/article.cfm/ncaa_college_football/30409SC's program received a 2 year bowl ban plus a loss of 30 scholarships as well as retro forfeitures because of 1 guy from the football program. The basketball program self imposed their own 1 season postseason ban and the NCAA said that was sufficient and that case was closed (it was said that SC's basketball coach gave OJ Mayo $1,000 in cash which seems much worse than the Bush case since it was a school representative that was involved).