One would assume that the reputation of a good university will be carried over to the new name, after all it is the same institution, or is the Academic world so dumbthat they will not recognise that - I think not
I don't care about this name change or any other one for that matter - I have given up all hope of the anc not squandering money on frivolous endeavors - but you cannot pretend that there is no value in an established brand. To say otherwise is to be naive or disingenuous.