It certainly seems like everyone has published their take on the matter today, but this is the best piece on the issue to date. Whether or not the Big East is overrated depends on just who is doing the rating. It might be possible to demonstrate that the conference is overrated in the eyes of the average fan, for instance. According to the hundreds of thousands of brackets filled out in the Yahoo! tournament challenge, the 11 Big East squads were expected to win a total of about 18 tournament games. By contrast, our objective pre-tournament projections had them winning around 15 games. ... For the most part, however, the conference’s performance in the tournament has been more disappointing than damning. Instead of being 29-10 against tournament qualifiers from outside the conference, the 11 Big East teams that made the tournament are now 36-17. By an extremely literal definition, the Big East was overrated in the sense that we now have more information to evaluate the conference and that information isn’t quite as favorable as what we had to go on before. But no league that has won so many games against elite competition deserves to be considered a failure.