I'm not crazy about the mass transfers, but something to keep in mind - a program's potential is closely linked to the quality of its conference. The SoCon looks set to finish #12 in Pomeroy's conference rankings, immediately behind the (usually) multi-bid Atlantic-10 (albeit by a large margin), which is the highest since Pomeroy started tracking in 2003 (the SoCon has finished 13th and 14th twice each in that span).
There also seems to be a general conference trend away from reliance on transfers - new/newish coaches at Samford, Mercer, and WCU, for instance, do not appear to be focused on transfers to build their programs (Samford can't be blamed for taking Glover). UNC-G's coach is known not to rely on transfers, the military academies really can't, and Furman and Wofford have taken them sparingly.
This is UTC's first real success with the transfer-heavy approach, and they were lucky. They lose a bunch of guys after this season and will fall back. It seems to me like the main issue there is Paris not being a good HS recruiter, more than anything else. If that's the only way for a couple of SoCon programs to compete, it's not really a negative thing from a Furman perspective.