These "lords" you speak of also labeled the SEC as nothing special. To me, there's ample evidence to the contrary.
Bad OOC loss? Bad, as in because it was to Richmond? Bama was down by three with less than :30 left in the game so it can't be how the game actually went down.
Was Oregon a "bad OOC loss?" That one was tied with less than two on the clock.
These "lords" you speak of are likely paying more attention to the final score with a lot of teams. IF they see a team lose, like UK, they are likely to delve more into what actually happened.
Personally, I think this team was a lot closer to being a pretty good ball club than I did before the tourney started. If we take UofSC as one example, when they played UF the other night the Gators didn't make a three in the second half. The Gamecocks defense wasn't any better than what I saw from Bama the majority of the time this season. IF the Tide had another shot at UF can we say one way or another how that game would have ended? I don't think so.
I also believe the SEC was a lot stronger than these "lords" thought.