EA is planning to release an online update with a new downloadable authentic arena and wants people to vote on which arena they will replicate. Here's PastaPadre's article about it:
Downloadable content being prepared for MM08 | pastapadre.com
I'd say the game could probably use some gameplay patches first, but I think this is a pretty cool idea.
Here's EA's tour of Arkansas' Bud Walton Arena:
EA SPORTS March Madness 08 News & Blogs Page
Here's the Razorback Facilities website, where you can view a slideshow of the arena or take a virtual tour:
Razorback Facilities
Bud Walton Arena looks pretty nice, but I don't really know too much about any of the other ones. I was really hoping for TBA to be an option when I first started reading the article.
Out of USC, Virginia, Oregon, Arkansas, Purdue, and Georgia Tech, who has the best arena?