IU's B1G rankings:
13th in KenPom
11 in the NET
12th in BPI
10th in T-Rank
In terms of actual quality, they are a bottom tier B1G team.There are 64 P6 schools rated ahead of them in KenPom. There are 80 P6 schools. When I say they are bad, that is my level of comparison. They are a bad P6 team, at this point. And I'm not saying that solely on numbers. I've watched them a bunch, and they struggled against some of the worst teams on their schedule.
They've had a pretty easy start to their B1G schedule. Overall they are 2-5 against Q1/Q2. If they beat Purdue that will change my outlook on them.
I think people are reading too much into me saying IU is bad, and in a roundabout way slighting this team because of it. I'm not, they've just performed like a bad P6 team this year. They are no different than a team like Boston College.