In any other market I would hope to see Wilks controlling as few stations as possible. But in Columbus it could be beneficial. Anything to shake the market out of its stagnant stupor driven largely by incompetent mom-and-pops like Nabco and even Dispatch.
I've given up hope that any of the enlightened medium-size operators like Bonneville, Entercom, Greater Media or Emmis will somehow make their way to Columbus, especially with the struggling economy. This again derives largely from the fact that Columbus is really short on big signals for a market this size. Saga is the only local operator that seems to be trying to shake things up some, but so far that really hasn't gone anywhere as far as waking the market from the doldrums.
So all that's left is to grasp at straws of hope, even if that means Wilks. (Not that I expect your suggested scenario to actually pan out.) Hopefully the PPM will help shake things up when it comes to town a year from now. It's not as if we have to worry about a a legendary station in a non-PPM-friendly format being killed off, a la KKSF in SF or WNUA in Chicago. (My guess is that WJZA will be a victim of the dump-Smooth-Jazz steamroller even before the PPM gets here...and that station isn't exactly legendary, anyway.)