USC won't be ranked in Coaches' Poll.... at all

First, Lane Kiffin and the USC Sanctions were turned down by Tennessee after trying to get them to play in the 2011 Chick-Fil-A kickoff game in the Georgia Dome.

Now? The USA Today Coaches' Poll says that they won't allow USC to be ranked this season... at all. If the AP decides to follow the same path (which they won't), then does that mean anyone who ranks USC at all in pre-season rankings is overrating them?