I think that's a reasonable projection for Nebraska. I can't imagine much more than 10 wins. 8 to 10 seems doable. But again, I'm not really counting wins this season, as this season is only about building team chemistry and improving.
My only concern with this season are the many casual fans (those that don't start paying any attention until maybe late-January) who will simply see the record and say, "We got rid of Miles for this?!"
Penn State will be an interesting team to watch. On rare occasions, they'll look like a legitimate team, but most times they are near the bottom of the conference. History suggests there's no way they could finish with the 4th best record in the Big Ten (I guess that it's not true Big Ten standings, as it's overall record listed). But -- they are 5-0. And three of those wins are solid: Bucknell, Yale, Georgetown. Sure, none of those are top 25 types of teams, but all are the types of teams Penn State commonly loses to.
Penn State returned 8 of the 10 players with those most minutes from last season, making them very experienced. Lamar Stevens is a stud, who could very well be first team All Big Ten. And they did finish the end of last season 7-4 -- with three of the four losses by a combined 13 points. In other words, they do have a lot of the key ingredients in performing well this season. The main hesitation is simply because it's Penn State hoops, which is really about like saying Nebraska hoops ... who? ... isn't that a football school?