re: Should recruits be able to sign a LOI @ any time?

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All great points but what about the "we are only giving 1 QB an offer" a 4 star guy accepts, is committed to you til a week before signing day, then poof he's gone, and the school is screwed

I don't think Elliot leaves OSU, but it could happen to OSU this year (although OSU is stacked at the position even without him)

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True, but on the flip side, a lower ranked QB gets the spot in his place. Maybe that guy turns out to be a beast. Teams always have backup plans.