Irregardless (not a word, but so what?), Michigan has a great class going and are in pretty good shape with all the kids listed before Tressel resigned. I think it effects OSU somewhat this year in that they will not have a top ten class, but I imagine they will still be top five in the B1G.
Let's face it, Hoke and his staff have proven they can recruit very well. Kids are lining up to come to UM and believe in the program. However, the biggest boon for UM recruiting will be beating key rivals this fall and establishing the program as a top tier BCS threat again. OSUs problems help tremendously, but winning is still the biggest determinant of recruiting success.