...and in the long run, it would bear out in the standings.
given your scenario, though, even if i dropped the "4 in 5" rule, Emmanuel could pass Chicago with a good postseason run next season, if Chicago missed entirely. 2 zeroes in the last 5 seasons does some pretty serious damage to your total number here. However, if Chicago is able to even squeak into the last spot in the PIT next season, they would stay pretty high in the rankings. He is losing an Elite 8 appearance from 10 seasons ago, too, so barring a good run he will drop a few points anyhow.
i currently only give out points based on how far you go in the 2 tourneys, weighted for more recent success to count more. This definitely rewards consistency over inconsistent deep runs, and we have seen, consistently, guys who were able to do both. i doubt this ends anytime soon. if it does, i will be happy to re-think it.
how do you separate a team with 10 consecutive 2nd-round losses from one who goes 0-0-sweet 16-final 4-0-0-e8-runner up?
the teams who do the best in this system are the ones who consistently win games in the NT-- there is a bump for winning each game, with a slightly larger one for making each "weekend" (ie-sweet 16, f4) than for winning each game. perhaps i need to make an exception for people with an NT championship in the last 10 seasons, but that would require a lot more eye-testing from me in Excel, and lead to more mistakes than it would be worth, IMHO.
i like the idea of doing something simple like subtracting your total RPI from your point total in my current system. Or maybe even half of your total RPI. This would punish pretty severely teams whose one season missing postseason is worse than others who missed (rpi 200 vs RPI 100 coming off your points).
the honest truth is, if i were better with Excel, or had been entering more data all these seasons, i would love to play around with some tweaks to the scoring system. but i am not, and have not been doing so, and have a long string of these things released now, so...