I saw someone else comment on Ole Miss' tradition this week and basically they said, "I don't think there is another program out there with a more inflated sense of who they are in the world of college football." (I'm sure whoever said that had a momentary lapse of memory and forgot South Carolina, but I digress.)

Seriously though, what has Ole Miss done since JFK was in the White House?
Scanning the "History" page on their official website, I see 3 National Titles, which is great, but they were all between 1959-62.
The last of their 6 SEC titles was in 1963 (with a 7-1-2 record I might add).
The last bowl 2 of significance they went to were the Cotton Bowl in 2003 and the Gator Bowl in 1991. Since '91, it's mostly Independence, Liberty, Music/Motor City and such.
In the past 15 years, Ole Miss has posted a 98-89 (.524) record.
Overall, the have a record of 594-453-33 (.565) which ranks them 48th among Div 1-A schools (in there were San Diego St., Hawaii, Stanford and UNC).

So, I guess Ole Miss does have a tradition- a tradition of mediocrity. Sure, there was the OLD tradition of winning, one that doesn't count for much in today's college football landscape.