Would the people who constantly bring this up feel good about the win, knowing that the game was ended because of a referee error? I sure wouldn't.
But would it have been a referee error if it hadn't been reviewed? Back then only "egregious" errors were subject to review. The ball hit the rail, at most, a fraction of a second before time ran out. It certainly wasn't a full second. I think you could make an argument to say that a couple tenths of a second doesn't amount to an egregious error so there never should have been a review in the first place.
I'm just playing devil's advocate here, Moiraine. I actually agree with the call. As much as I hate the Whorns, winning that game meant a lot more to them then it would have to us. IIRC, they were ranked very highly that year and went on to play in a BCS bowl.