Not in because:
1) we were a middling team in a conference that is not very good and gets very
little national respect. It worries me that the default reaction among basketball pundits is that "the sec sux." That's often true, but not always--and when you are, say, the 4th best team in the SEC, or 5th, it's going to cost you.
2) the selection committee increasingly picks small-conference teams for "last-in" berths--they showed that on CBS. Major conference last-in picks--major trend down; small-conference, major trend up. UT is as good or better than 35 teams in the tournament--but that's not saying a whole lot as there are a lot of average teams in the dance.
3) we laid an egg in our last game--against a mediocre team. Never good when you're a bubble team. We played fairly well down the stretch, but you cant play like crap against a team that's not in the tournament and expect to get in.
4) Every year at least four teams that wouldn't get any consideration for the nit, much less the ncaa, get into the big dance because they win their small-conference tourney. Liberty--20 losses--and James Madison--spring to mind. There were others. Oh, well.