At least one pundit at College Football News thinks so
In a recent article at College Football News, Pete Fiutak has predicted the final ranking of all 128 FBS football teams for the 2016 season. He uses a unique perspective based on what he thinks is going to happen with each team--- without regard as to how good that team is going into the season---and their expected ranking when the end of the regular season is over.
115. Hawaii, 4-9. Because it is in Hawaii, there will be at least one win it should not have had otherwise because "some team will be mesmerized by the road trip" and Fiutak offers up UNLV and/or Nevada as the sacrificial lambs.