This may be off your point, but you convinced me of one thing. If a Pac-10 team plays a Big 12 team in the tournament, I'm taking the Pac-10. Every one of those loses is a Big 12 team (except Gonzaga and UNLV, but the alternative loss is a big 12 team).
But here's the other question. Who is the better conference? Probably not the Big 12 based on your analysis. The Big East? Their RPI isn't so hot. The SEC, where Georgia won the conference tournament? The Big 10? The ACC? Neither got very many teams in the tournament.
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