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Winning a title is a moment in time where a TEAM succeeds. Getting into a premier conference is not a singular moment but essentially all time going forward, where your PROGRAM is put in a favorable position to win future championSHIPS (plural).
It is kind of like politics. Winning the election is cool for a few months, but what really matters is the future of your country.
True, but the assumption that conferences and the current economics of basketball are forever is dubious. Universities live on federal funding and college athletics lives on unpaid labor from athletes. There is no guarantee that the ACC is going to be a perpetual money fountain, relative to the AAC or B12 or wherever we end up. Certainly there is no guarantee it will be a "future championSHIPS" fountain as you hope.