I do perceive it as an attitude of insecurity and inferiority, but at the same time I also see it as KF being stubborn and ego driven. I think its a policy put in place for fear that he may not be able to compete with the other programs around the nation and therefore is afraid of losing these players in the event they visit other schools. I also think he's stubborn by holding on to such a ridiculous policy put in place to create leverage; giving him additional power over his recruits.
Explain then, why it couldn't be both a factor of his ego refusing to give up that power by keeping the policy in place (which was a primary factor in Eno's commitment being pulled) as well as an insecurity that KF feared other programs may have more to offer which could sway Eno's decision. I see no reason why the two theories couldn't go hand in hand.
Edit: I should add that I don't mind the recruits we're bring in and think our staff, for the most part does a very good job of developing talent. That said though I would love to see these "diamond in rough guys" and feel good stories be the guys that are 3rd and fourth stringers that are getting chances for meaningful minutes due to injuries or making the most of limited opportunities. While it makes for a great story, I think its a slap in the face to our recruiting that walk-ons (regardless of how hard they work) are winning positions from the guys that are being awarded scholarships and that we're spending a great deal of time recruiting.
And while I see your point on the bluebloods and the policy they have in place, but again the fact is we may have some decommit, but at the same time we currently have a zero percent chance of landing Eno, because of this situation. I'm saying if we want to consider ourselves elites, as a program and university, we have to act like it. Based on the system we have now, what difference would it make if we swing and miss on 4* recruits and end up replacing them with mid-major commits. Its no different than what we are doing now, but at least that way we'd be able to say we swung and missed rather than saying we never stepped up to bat against the big boys.