I ran a test booking on the Skybus website and could do BLI-CMH-BLI over the first weekend of June for $40.80, if I wanted to (I don't). The website will not allow you to purchase connections through CMH -- every sale seems to be to or from CMH. That's going to wear thin in a hurry.
So is the prohibition against bringing any of your own food or drink onboard. I predict a lot of fights over water bottles at the boarding gate.
I salute risk-takers but I do not think I would be interested in this airline.