because I think it's both.
I know as MSU fans you don't like the RPI because it actually holds you accountable for games you play before January, and Stansbury's teams lately have crapped the bed big time in those games, which costs you late in the season when you're playing better.
You can't completely discount those games. They count. Should they count just as much? No, but they still count. Alabama is on the bubble because of what they did before January. You can't just write that off like it didn't happen. If you were going to do that, then they should just call that an exhibition season and only count conference games. I think the RPI could benefit from a weighting of games based on when they were played, but I wouldn't make it too dramatic of a weight, maybe split each schedule into 3rds and count the middle third with the same weight you do today 1.4 and 0.6 being the numbers used for wins and losses depending on whether they were home or road. Count the first third games as 1.3 and 0.5 weights and the last third as 1.5 and 0.7 weights. That might help a little, but I wouldn't make it too dramatic.
That said, RPI is a weak formula for any sport. It's too simplistic. It has more value the more games are played, so for baseball is has more value, but for basketball it's too simple to count it as your only measure.
I think the selection committee, however, doesn't use it as much as you think. They won't take one team over another just because they are ranked 5 spots ahead in the RPI. They look at the entire resume. They consider the what have you done lately measure. They consider injuries. They consider quality wins versus bad losses.
On that note, that's where I think RPI's best measure comes in, in helping determine good wins and bad losses. It's still not perfect, but if you lose to a team outside the Top 100, it's not a good loss. If you beat a team in the Top 50 or Top 25, that's a good win. Take Marquette as an example. It sounds like they may get in as the 11th Big East team, with an RPI of only 68, and only an 18-13 record.
However, when you look at their losses, they came to teams ranked 5, 7, 9, 11, 13, 20, 22, 23, 26, 31, 32, 62, and 91 in the RPI. Meanwhile, they have wins over teams ranked 9, 15, 18, 23, 82, 91, and 92. They're only 4-11 against the Top 50, but they've got a decent number of good wins to go with almost nothing you could consider a bad loss.