I think all the "this is the death of football" posts are very naïve
It may the the death of the traditional model of football as we have all grown up on it - obviously, if it happens, it is certainly that - but expecting all fans to suddenly stop supporting their teams just because they've been part of this is foolish, IMHO. This move isn't geared to impress us, the "legacy" fans, who want to win the league first and foremost and see Europe as a wonderful distraction beyond that. It's for the ever-expanding global fanbase in markets like Asia and Africa that only know about a dozen clubs worldwide, and DO want to see them play each other, whenever possible.
For any boycott that we make may, they will pay twice the current ticket prices or subscription fees to watch us take on Barca then AC Milan then Real then the scum then Juventus, etc... Cunts though they are, the wankers who have made this decision are not stupid - They've not done this without having the numbers to show them that it will work. They don't care about us, or the history of any of the leagues that their clubs may soon leave behind, but they know this WILL be adopted by the majority of the fanbase out there.
Also, people slagging off the NFL over here, due to lack of relegation / promotion, etc... That's a fair point, but the league is a money-making machine, and there is constant (and year round) excitement over here for 'football'. Again, those pretending that such a model couldn't work in Europe are vastly underestimating the world's unquenchable thirst for top-class football.
We may want to see the league that we grew up, week in, week out, and we may enjoy watching Villa play Fulham, because it will somehow affect Liverpool and our chances at the top four, etc... but we are not who this is designed to impress.
This absolutely CAN work, and thrive, unless the players themselves boycott it. That, for me, is the key here.