The Big 12 is the best conference IMO. I actually think the gap between 1 and 2 is larger than 2 and 3. The SEC, B10 and Big East are all very comparable IMO. B10 and SEC have more depth, but they also have 3 more teams, so there's that. The Big 12 was ridiculously good OOC. 8 of 10 schools are in the top 50 of the NET, and everyone is in the top 80. It has depth throughout, and has elite(1 seeds, 2 seeds, 3 seeds) teams as well. And I use elite in the context of this season. This Baylor team isn't as good as last year's was, but in the context of the season, they are definitely a top 5 team, same with Kansas IMO, whether that translates to the NCAA tournament is TBD.
I think there is something to be said about beating teams up. Someone has to finish last in a conference. WVU beats UConn and UAB in OOC. Both Q1 wins. ISU beat Creighton, Iowa, Xavier and Memphis OOC. All Q1 wins. OU beat UCF, UF and Arkansas OOC. These are all teams that finished in the bottom half of the league. Stuff that is done early in the season, really shapes conference play. Every game is practically a Q1/Q2 game, that can't be said in the other conferences.
I think part of your issue might be is that every team has flaws. Even Gonzaga. Baylor taking a couple losses here shouldn't negate what they've accomplished this season. If healthy, they are still a legit title contender, in the context of this season. As is Auburn, even though they haven't looked the part lately.
With that said, this could be a pretty crazy tournament because the top teams are all flawed. If I was picking a team, as of now, to win it all, I think I'd lean Kentucky because of their guard play. But I don't think they'll get a 1 seed, even if they win the SECT Because the accomplishments aren't there throughout the course of the season.
If you read all of this, thank you. Lol.