Not once have I mentioned UCL qualification or anything even close to it, but that's so often the problem here: question the clubs ambitions or the manager and it's met with that same daft statement, like there's absolutely nothing in between.
If you don't think some people on here firmly are in a Dyche love-in then I don't know what to tell ya. They can have at it if they want, but I saw the exact same thing with Lampard last year (as much as people would now like to pretend they didn't). I'd rather wait til winter and see where we are before declaring Dyche as the best thing since Moyes, a miracle worker etc and all the other over-reactive hyperbole I've read about a manager who is, as you say, limited.
I'm of the mind that Dyche deserves a shot this season, but as you say if he performs like Lampard did he will be sacked at the turn of the year.
Personally I think he is the ideal person to manage and survive on a limited budget and get us around 15th position mark.
Now next summer, we will have a bit of wiggle room with FFP to make a splurge in the transfer market and I would then try to get a new manager in.