It's almost impossible to predict exactly what the committee will do. Forget the bracketologists. They might get many of the seeds right, but not the regions or the first round matchups. However, based on past brackets and the criteria for constructing them, we can say almost certainly that a #8 seed will put us in an awful (but not impossible) position.
One of the guidelines for seeding is to try and avoid early round rematches of non-conference games. That would eliminate us from being in Arizona's region, presumably the West. Another criteria is to avoid early matchups with conference foes. That would preclude us from being in Michigan's region. Since we would be in a pod with the #1 seed, they would have the geographic priority for location. That leaves possible matchups with UConn in Buffalo, Florida in Tampa or (wouldn't the committee love this) Duke in Greensville, all places about as far from here as we could go. It would also mean we would have to travel much further than almost any possible first round (#9 seed) opponent.
So pray for a lucky seven or we get behind the 8-ball.