Personally, I think it would be a bad idea. Ohio has had a nice little run, but the only reason they made the tournament was because they won the MAC. Heck, the first time they made it, they weren't a very good team. They won a double OT first round MAC tournament game that year.
They got hot, but I don't think Ohio U is a team you want to schedule a series with. Especially if you are talking about a home and home, which I don't believe you are but if your are playing a yearly basis you never know. I would especially wait a little bit to see how the coaching change effects them, which I think it will greatly.
OU would be a step up from some of the teams UC has scheduled in the OOC, and I could see scheduling them every now and then, but I don't think it would be a good idea to schedule them every year.