Well, they fired Morgan and we haven't had a winning season since.
Morgan was heading downhill fast, and we got rid of him before it caused more problems, which I'm fully confident it would have. He had zero control over his team. ISU had, as you said, 2 NBA guards on there team and only were able to grab 6 Big 12 wins and no post season honers. Once Homan left, who was a Eustachy recruit, this team went downhill at a fast rate and there was not a single leader on the floor. They were academically horrible, and it cost us 2 scholarships during McDermott's first 2 years, I believe.
I'm not trying to stick up for McDermott here at all, but to say we would have been better off to keep Morgan is just flat out foolish.