You sound about like me. I was 12 the last time Texas won a National Championship and back then I just assumed Texas won every game, especially after they vanquished Notre Dame in the Cotton Bowl. It's been a long long wait.
Austin is going to go crazy for the next week or so. You don't know how much the win means to the folks around here. The only ones unhappy are the transplanted Aggies (of which there are many) and the folks who have been lobbying to fire Mack Brown (I wonder if www.fireMackBrown.com is still online hehe). He just earned all those millions we've been paying him last night. And imagine how much better recruting will get for a couple of years. No more losing the likes of Adrian Peterson to those Red River Raiders.
This tastes soooooooo Sweet!
I do! I was in Austin several years back when we beat Nebraska for the first time in the Big 12 championship. The campus just went crazy - people honking horns shouting. I remember reading that there was a mini-riot on Guadalupe (The Drag) and the police had to be called in.