I certainly think that it will help if the new incumbent has past experience of managing at a club like Yeovil, and ideally a firefighter who has got clubs out of seemingly impossible situations before.
One name that readily springs to mind is Russell Slade, but of course he has moved onward...
Sadly I'm not sure that anyone with a wealth of managerial experience would save them either.
Yeovil Town are a club with minimal resources, and no money to spend.
If they are serious about wanting to maintain their status in the Football League, then yes, now is the time to act.
I'm 99.9% sure that Holloway wouldn't want to get involved though. He is happy enough as a Sky pundit until/unless a better job offer comes along.
I think this post says it all really. I've liked Yeovil ever since their non league days, but Yeovil are a small town club, with small town money to spend, and unless a rich benefactor rolls into town, that will always be the case.
Their meteoric rise into the Championship a couple of seasons...