The two on that list I would quibble with are ISU and Virginia. Virginia, if memory serves correct, wasn't much of a factor before Bennett, and even though they've been very successful with him, they haven't broken through to the final four yet. Iowa State hasn't been any further than Cincinnati in recent history, I don't think.
I agree with your point though. Cincinnati is like a poor man's Michigan State in that they play a rough brand of ball that is successful but capped by talent limitations. And for all the points they've scored, I'm skeptical that this year is any different.