That is not true in my opinion. Teams like Providence, Seton Hall and St. John's are better at this point of the year than they normally have been since 2000 (certainly Seton Hall and Providence). Ken Pom Rankings of 25, 29, 52.
Actually there is less "sluff" in this season's Big East --
a) All 3 of the above are at peaks. If those teams were all their "average" level the past 15 years, the conference would suffer.
b) They brought in 3 solid programs in Butler, Xavier and Creighton
c) They were also able to rid themselves of perennial losers in Rutgers and South Florida. Of course Depaul sticks around to stink it up.
http://www.rpiforecast.com/index2.html
As of now, teams with the following projected records entering conference tourney will be in play for a bid on Selection Sunday.
St. John's 20-10
Providence 19-12
Georgetown 17-12
Xavier 20-11
Actually all those teams may have better resumes than a 19-12 Syracuse team, because they will be able to get top 50 wins against each other.