Sounds like high winds and rain may be much worse than originally thought. Today, Baylor officials announced that they are considering a cancellation of the game this Saturday. However it is ON for now, but the situation bears watching. There are other reports of potential tornadoes and gusts up to 90 MPH in Austin, so the whole area could be a mess. Plus you have likely a large amount of people heading north, away from the gulf, making the area even crazier. Safety should always be the #1 concern, and if fans are in any danger by just going to and from the stadium, let alone sitting out in the elements, then they should pull the plug.
The bad news is that they would not be able to re-schedule this game in 2008, so, the game would simply not be played. We'll see.