Before this incident, there was no reason to dump Beard. Beard was an exceptional recruiter and a good game-day coach until all this happened.
As for Terry, he was a really good assistant under Barnes. As a head coach at some mid-majors like UTEP, Fresno, and UNCW, he did above average, but nothing exceptional. Now Terry gets his big chance on a huge stage. He's been dropped into action and he's going to be head coach until the end of the year. Does he make it, does he bust, ... I don't know yet...
If he doesn't do much, then yeah, we should hire some hot shot coach after a nationwide search. If Terry pushes us far in the tourney (something that we haven't done for a long time), then why not stick with him?
And we're entering the meat-grinder of conference play in one of the toughest conferences. We'll see how he does allright. Maybe he's got it. Maybe he doesn't.