The top end of the Big East was always pretty decent over the past decade or so(Louisville, Cinci, West Virginia). Big East was 12-8 in bowls in their last 5 years of existence
Obviously something to be said for a conference only getting it's top 4 or 5 teams into bowls, as opposed to the SEC sending like 11 teams to bowls. You start getting down to those 6-6 SEC teams and they really aren't that good(but they're big schools who have fans that travel well) so they end up getting bowl bids over small conference schools with better records. Thats how you end up with a 10-3 Cincinnati playing a 6-7 Vanderbilt in 2011 or 10-3 Cinci vs 6-7 Duke in 2012. The P5 conferences would send their 8th place team to play the Big Easts 2nd or 3rd best team.
But I get your point. I always liked the Big East, it's too bad they couldn't have found another football school or two to join rather than falling apart. Always like that Pitt-Cinci-L'ville-W Virginia games. Good showing in football and basketball and all those schools were relatively close to each other geographically, made for some intense games. Reminded me of the old Big 8 with Missouri, kansas, Nebraska, Iowa St all beating up on each other, all only a couple hours apart. Playing some random team 800 miles away just isn't the same level of fun and rivalry :/ Its more fun when you beat a team thats in your own backyard.