Thats the rumor out here in LA. What are your thoughts?

No way... USC wouldn't pursue him b/c he has hardly any head coaching experience, and why would he want to go to a place where you get the axe after one bad season or two?  He has a free pass for life here, or close to it.  The only way he'd go there is if they offered him the OC position, but he's getting older and has a whole family out here. 

As a selfish fan, I hope he does interview for the position and turns them down.  That would be a big deal in Wildcatland, and would probably earn him a pretty good raise I would guess. 

I could be completely wrong, as these are all guesses, but we shall see.

The rumor has him going as O.C.

I'm hearing McCall could be a candidate for Colorado's job. Brief: http://northwestern.scout.com/2/1245333.html

I think he's smart enough to know that going to USC to work with Kiffin is a most likely short term gig - unless he thinks he'd be the lead candidate then for head job.  I think he'll look elsewhere, if he's looking.