I also thought that North Carolina was approached. They were the National Champions in 1994, correct?
Yeah, so definitely possibility. Other top teams at the time who might fit the "haven't been so good since" comment would include of course PSU, Louisiana Tech, Georgia, and USC. Stanford and Purdue don't fit the comment, and Colorado was a #1 seed in 1995 but I can't see them in this discussion.
And Geno's comments about Muffet are old now and were previously noted as being tongue-in-cheek smack-backs for a Philly area alumnus.