I think everyone is tired of hearing about the UConn game by now, personally I mostly focus on other things following losses (until we approach the next game), but for that reason I haven't given my 2 cents yet.
Obviously a win would've looked really nice on Selection Sunday, but this was one of the most beneficial "losses" a team could possibly have. This has nothing to do with moral victories, a close loss on the road against a top 5 team helped improve our NET (as others have noted). I'd argue the loss still overall benefited our resume (besides missing out on a huge opportunity- but fortunately there will be more). If you can lose and it still helps you, then it isn't a total loss. Getting blown out and dropping in the NET would've been a total loss.
As for Hofstra, this is the only OOC game that I think was poorly scheduled. Playing a local (and strong) mid-major at a venue like this, one with a mediocre atmosphere against Kansas the one time we played there, and having it count as a home game despite the distances being similar for both schools... isn't ideal. That said we still should win, so do that, pick up a quality win, and reevaluate for next year. Love what the staff is doing with scheduling (especially next year), so they deserve a mulligan this time.