One-quarter of the RPI weight is wins. Three questers is who you play and who they play.
I've partially defended the RPI in the past. Given the constraint that it has to ignore useful information (MOV) it did OK.
The nature of the way it is constructed, it can be quite horrible in the early part of the season. It gets better and better throughout the season, and one hopes, since it is designed for end of season selection, that it might be OK by the end of the season.
That used to be sort of true, but now I'm having reservations.
It may have been UCMiami, but someone pointed out a corollary to something I had observed - I knew the formula was deliberately designed to ignore MOV, on the theory that they did not want the formula to reward blowouts. So the metric is not just a measurement, it intends to adjust behavior.
However, it doesn't just affect game behavior, it affects scheduling. That was deliberate, with an encouragement to schedule strong teams. However, I think teams have realized how to game the system. The weighting for schedule strength is atrocious, as has been discussed in the past. Clever teams will learn to schedule a number of teams 20-50 spots below them in the rankings, plus couple way above them, and avoid teams more than 100 spots below them. The ones way above them give them losses, but make up for it in schedule strength. The ones a few spots below them give them wins, without giving up schedule strength. The ones 100 spots below them hurt the schedule strength, and don't add more to the win count than a team 30 spots below them.
LSU is a perfect example of someone who has achieved (whether deliberately or not I cannot be sure) a favorable RPI SOS. They are number one as measured by RPI, but Massey who uses a sensible measure, rates their SOS as 14th. That's quite a difference.
According to RPI, UConn schedule strength is 37th. Do you need any more information to show it is flawed?
LSU gets most of their inflated RPI rating from their clever scheduling.
A better measure, such as Massey, would have their schedule strength at 14, and their overall rating as 35th. Still good enough to make the tournament if you look at raw numbers and ignore the "what have you done lately", but far below the inflated RPI value.