I was bored and procrastinating last night and came up with a pretty simple formula.
Aside from autobids, if you only chose teams with an overall winning percentage of .600 or more, a better than .500 conference record, and a NET of 68 or lower, it created a field of 69 teams if my dead of night math was correct. The last two teams based on NET cutoff were Seton Hall and San Francisco. Seton Hall would get the nod from the eye test.
Formula would have gotten us in, and the NCAA their Mountain West darlings and Virginia.
Michigan State would have been out.