I actually know a little more about the torch situation. Back when I was an undergrad at the U, (graduated 2017) I was part of a design group that worked with the athletics department to try to improve the gameday experience. One of my suggestions at the time was exactly what ucsbgaucho was saying: why not incorporate the torch somehow and light it at games?
Apparently the main reason they don't light it is because it would be expensive. That's the answer I got. Maybe that has something to do with the way it was designed to be lit? It's also complicated because the U doesn't actually own the torch, so they didn't include it in the designs of the SEZ expansion because they were unsure what they could even do with it.
I was relieved to find out that they actually came up with a plan to reinstall it at the stadium because it would be tragic if it ended up
like the Hoberman Arch.