In the comments section of the BYU post below, me3rd asked about an ESPN rating system that ranks the UW basketball program tied for 124th in the nation since 1984-85.
Here is the story, which explains why they picked 1984-85 (that's when the NCAA tournament switched to a 64-team format) and their mathematical formula, which awards points for NCAA titles, tournament appearances, tournament success, etc.
Here is the section that includes UW. You'll find them behind Fairleigh Dickinson, Louisiana-Monroe and Arkansas-Little Rock; but ahead of Southern California, Florida State and Nebraska.
Overall, I have no problem with their methodology. And I guess I find it interesting in a sports-radio talk topic kind of way. But I don't think it proves much. Fans base their concepts of historical success based on national championships and star players and memorable moments -- a mixture of things quantifiable and unquantifiable. George Mason fans likely wouldn't trade that Final Four run for any number of successes that might score better by this system. Few Huskies fans are likely to wish they could trade their hoops history for Louisiana-Monroe's. And if UW makes a nice tournament run this season, a No. 124 ranking over the last couple of decades isn't likely to spoil things much.