I find this countdown very interesting, as at least they are using objective criteria instead of just eyeballing it (which is what I'm used to seeing from ESPN). You certainly can argue that the criteria should be assigned different point values, and I do agree that the lack of schedule strength as a consideration results in some smaller programs (with consistently weak schedules) rating too high, but overall it's really interesting to see how the numbers come out.
Tornado, note that NIT bids actually count for the same amount as NCAA tournament bids. The place where an NIT doesn't make the same impact is that NIT wins don't add anything, unless you win the whole thing, whereas NCAA wins become increasingly more valuable as you advance. Honestly, I think that makes sense if you're trying to measure 'prestige' - wins in the NCAA tournament do wonders for a team's national prestige, while NIT wins don't carry the same clout. I don't think anyone was particularly impressed with Ohio State's season after they won the NIT, but a Sweet 16 run would have made more people take notice.
A postseason ban is weighted enough to totally negate three NCAA tournament bids, so it's not insignificant.
Tornado, note that NIT bids actually count for the same amount as NCAA tournament bids. The place where an NIT doesn't make the same impact is that NIT wins don't add anything, unless you win the whole thing, whereas NCAA wins become increasingly more valuable as you advance. Honestly, I think that makes sense if you're trying to measure 'prestige' - wins in the NCAA tournament do wonders for a team's national prestige, while NIT wins don't carry the same clout. I don't think anyone was particularly impressed with Ohio State's season after they won the NIT, but a Sweet 16 run would have made more people take notice.
A postseason ban is weighted enough to totally negate three NCAA tournament bids, so it's not insignificant.