And here's where I'll take a bullet or two and get bashed on this board... but I totally get what they're doing. And it's not just because I crack a mic there once a week.
It's classic rock for people in their late 30's.
Where I'm from, we didn't have alternative stations back in the 80's, unless you count the short-lived experiment on the AM daytimer that one rocker owned or the longer-running AM that the other rocker owned (alluded to in a Gin Blossoms song no less). We didn't get an FM alternative station until I was in college. You either listened to one of two top 40 stations, one of two rock stations, or you listened to country. I listened to the rockers most of the time and top 40 the rest, although towards the end of the 80's as the formats all started to splinter the AOR stations kind of lost me.
In the early 80's, AOR didn't really know what to do with new wave. So they played a little bit of it. The first place I heard Culture Club was on an AOR. (They'd play a new wave cut a couple times an hour, with a "(station) Rocks the 80's!" ahead of it). They'd also play REM, Talking Heads, Gary Neuman, Human League, Huey Lewis (whose records were worked at rock first until halfway through Sports when his records went straight to top 40), plus Def Leppard, Van Halen, tons of Springsteen, The Who, Zepplin, etc. AOR would break the records, and then they'd cross over to the top 40 stations. (Right about the time you'd get sick of something like Burning Down The House on the rock station, it would enter power rotation on the top 40.) So hearing 867-5309 next to Saturday Night's Alright for Fighting next to Born To Run next to Dyer Maker doesn't sound odd to me. It's what I grew up listening to.
If Van Halen's 1984 or Bon Jovi's Slippery When Wet were huge albums for you in high school, you'll probably get it. I'd guess that the Arrow's seminal album would be something from Emerson Lake & Palmer. They skew older.
The Point seems to be more about Lenny Kravitz and Stone Temple Pilots these days, although they still overlap with Eagle. Whether or not they plan to keep sharing records, I don't know. I just know that 107.5 sounds like the stations I listened to in junior high and high school, and so far, I like it.