Over here we're more focused on whether our 2002 or 2014 team is better, so unless you think anyone on here thinks 2012 Baylor is better than the 2002 UConn where each starter was picked in the top six WNBA draft and four became Olympians, I guess you know what our answer is. However, I'll bite.
The Tangibles
This is what everyone focuses on. Let's match this PG with that PG, this bench with that bench, etc., and tally up the score. Baylor comes out ahead in two positions; UConn in three. One could argue that Baylor has the edge with the two most important positions, PG and C, but the edge is slighter than with the three positions where advantage goes to UConn. UConn played only one quality bench player in the tournament, but only needed to play one, thus I think the bench for UConn gets the nod as well. Furthermore, if you compare the offensive and defensive efficiencies for both squads, 2014 UConn comes out ahead. If we focus just on typical, tangible, quantitative analyses I don't see how you can come up with any other result but advantage UConn.
However, I'll be the first to say I think such typical tangible analyses are flawed when the intangibles play such an important role.
The Intangibles
We know now there were chemistry problems with that 2012 Baylor squad. There were no chemistry problems with 2014 UConn. We also know that nobody works harder than UConn. If 2012 Baylor worked as hard then that is at best a tie. 2012 Baylor could only beat a Stewartless, Jeffersonless 2012 UConn squad by single digits. Even though Faris would be missing, that does not bode well for what 2012 Baylor could do against a squad that included both Jefferson and particularly Stewart. Finally, I give Mulkey a lot of credit for being one of the best coaches in the game, but she's not as good as Auriemma (I guess that could be put into the tangible analysis column). In any case I think the intangibles favor 2014 UConn every bit as much as the tangibles.
I don't expect a Baylor fan to agree, but for us the more challenging comparison remains as to whether 2002 or 2014 UConn is better.