I do like KP as a tool, but I don't get too hung up over team X is better than team Y because it is a few spots higher. And there are always a few teams that seem to consistently look better in KP -- it seems there is a flaw towards slower paced teams like Viginia and Wisconisn in the past. I look more for trends on conferences. I also like it to identify good mid majors because there is really nothing else to try to compare them. It tells us that Wichita St is a pretty good team. Are they #10 -- maybe not, but I think it gives an idea that they are a fairly good team. It also gives me a tool to try to see who is legit amongst the real mid majors -- like Middle Tennessee St, Akron or Monmouth.
But one trend I would observe based on KP is that the Pac-12 elite are overrated. I don't fully really agree with it, but I know why it is happening. Because the bottom of the Pac 12 is so bad this year,.
But I will say this the KP model tends to heavily impact spreads. So if you like the Pac-12 I think you will see some good betting opportunities on them in individual tourney games.