Again, why?
What right do Minnesota, MSU, Va. Tech, Florida, Illinois, Seton Hall, or any other bubble team have to claiming they are a true national title contender?
At the end of the day, when you're a bubble team, the only thing you're hoping for is a participation banner and maybe a shot to make a Sweet Sixteen run for a bigger banner. Did the bubble **** on you yesterday? Sure. Does that mean you should be in or that you have a legit right to gripe about not having a shot at the national title? Not really.
The system we have may have you left out just barely, but expanding the field to 96 wouldn't do anything other than give you a banner that would mean less than it does right now. You still wouldn't compete for a national title or even be in the hunt at the end of the tourney.
I saw an analysis they did about 3 weeks back showing who would be the last 4 in and the first 4 out if you expanded to 96 teams, and there was a team on the list that was 3-11 in their conference at the time. 96 teams is unnecessary. The current set up allows for at minimum the Top 40 teams in the country for the most part, usually the Top 45 or so, and the rest are auto-bids. You don't need more than that to determine a national champion.