I was trying to think of a reason why I disagree with it and I can't. I mean the top 4 teams already DO get an advantage based on how the play in the regular season. Trying to keep bias out of it, I think it is probably fair to give the regular season champ, top 2 teams, or whatever baseline you want to set as much as an advantage as possible when we play in a one bid league. There are also other benefits that come from your best team(s) winning....best team representing the conference, hopefully more respect gained by playing teams close/winning, and better atmospheres at the Q for the conference tournament.
It really does suck that a great season can all be a waste if you don't bring it every game in the conference tourney. But there are teams in better conferences also feeling the same sting (Illinois State) that realize they are at a disadvantage and are going out and doing something about it.
I saw Brad Bournival making a point on twitter during Selection Sunday. Basically saying why not put another MAC team in over some of these horrible 15 or 16 seeds. Its a good point, but also a dangerous game to play as we are one of the little guys and are constantly at fight for at least a chance in every major sports championship.