I've put my opinion of this entire issue out here numerous times. So I will eschew from rehashing much of it here.
Personally, I don't care about the wins. Joe Pa won a lot of football games. Give them back, or revoke them. It makes little difference to me. Joe Paterno can be the winningest D-I coach of all-time again, that's fine. In the court of public opinion, he is also the Rape-enabling-est coach of all-time.
The NCAA continues to make themselves look like a fool (now a universal constant). So no change there.
I am bothered by the folks who say the scandal had nothing to do with winning football games though. If you don't think covering up a major pedophilia scandal on your campus and in your facilities for a decade plus doesn't provide a competitive advantage, then you are kidding yourself.
Recruitment of football players to PSU was based in part, on not only program success, but also convincing kids and parents alike that PSU and its staff had an impeccable reputation and high ethics and morals. Would Joe Pa have landed some of the players he did if he had to go to a recruit's parents house and answer questions about that whole pesky coach committing child rape thing? Hard to stand on a platform of high ethics and morals when you have something like that in the open. Recruitment was most certainly impacted positively by the cover up. And that provides a competitive advantage. And a route for the NCAA to intervene. Unfortunately, football is too big to fail at Penn State, and ultimately, even the NCAA agreed.