People seem to forget we didn't win the MAC East last year, but got REALLY hot starting with the Sunday night win against Akron, leading into the MAC tourney, and then a quite possibly once in a lifetime run in the NCAA. The NCAA run was great, but we beat a young Michigan team that we matched up well against, and then USF, not exactly a world beater. UNC was without Kendall Marshall, so no one really knows how much that affected their team play/chemistry that night.
We have a solid team that may not be playing very well right now, as well as having to make an adjustment to a new coach who seems to have a completely different personality than their previous coach. Not saying that is good or bad, just different. They need time to adapt to this new coach, just as any of us would need time to adjust to a new boss.
In a nutshell, I believe we weren't quite as good as we all thought we were last year, and we aren't quite as bad as some think we are this year. Time will tell, but last year's team caught fire at the right time and benefited from tremendous match ups in the NCAA.