I haven't missed the point at all. Champions league and Europa League would still exist and the likes of Everton and Southampton would actually qualify for that, at least some what regularly.
Those clubs would actually get European games. You may look down on the quality but that's a seperate point.
Everton vs Dortmund
West Ham vs Roma
Southampton vs Ajax
You telling me the fans of those clubs would boycott that because they've don't qualify for a different competition? Would they not receive more TV money and gate revenue as a result? Even if its less than what the cl currently pays, it's still more than those clubs currently recieve, is it not?
They may not play in the super league, but they will actually be playing European competition, with far, far more regularity than they ever have a chance to currently.
When did Everton last play in Europe? How many European nights has Goodison seen in the last 20 years? What if Everton now play in the champions league for 3 out of the next 4 years?