Surprises the heck out of me. I had no idea Altman was ever on their radar. He seemed to be a lifer at Creighton after he passed up a chance to take over Arkansas a few years back. He basically pulled a Bobby Cremins on them--took the job, then reneged a day later.
He can coach, but I question his ability to recruit the way he'd need to in order to meet Oregon's expectations for wins. All his success has been with taking players the Big 12 didn't want and coaching them up. And he hasn't coached in a BCS conference since 1994.
Basically, I think if he can recruit, he'll do great. If he can't, he's not going to do any better than Kent did.