For the reasons you stated, I think a BY poll would be a wonderful idea, Oldude. Given the level of knowledge and passion for the game, I'm sure most posters would deliver serious intent to the responsibility of voting. I'm just not the right guy to manage and tally the results.
Perhaps someone will volunteer (Am I permitted to write "volunteer" on a Huskies site?) for the chore. Would you want to open the voting to all or, like The AP poll, do you think voting should be limited to a committee of those who have demonstrated a national scope and thorough knowledge of the sport?
If the latter, I'd be very confident--as would most, I believe--with you choosing the panel of voters.