You are spot on Jeff. Some of our posters get a tad emotional and knee-jerk if the polls/computer rankings don't reflect their perception of where OU basketball should be ranked or assigned....especially if there appears to be an injustice with respect to beating a somewhat "equal" type of team (OSU, Baylor). And yet, some ranking services don't "seem" to reflect that...at least to us they don't.
As you mentioned, computer ranking services such as Kenpom and Sagarin include more variables (effeciency ratings, margin of victory, ect.) in their formulas. And those variables tend to "lessen" the effect of head to head results because the entire season, up to that point, is formulated. as the season moves on, the increasing sample size will allow these differences to work themselves out.
The good news for OU, regarding NCAA Selection, is that we have now beaten several teams that appear to be NCAA quality. In addition to that, the RPI seems to favor us right now with regards to not having any bad losses (losses to teams with a >100 RPI). If this team keeps progressing and winning most of the contested games with good teams, we will be fine.