The 111 game streak was more difficult than a single championship. I agree. But that wasn't the original question.
I'm not sure everyone expected them to win the NC, but it certainly would not have meant little.
Remember we're talking about the 111 game streak; if we had a lost a game prior to the NCAAs, the streak would have been anywhere from 74 to 107. UConn also already owns the then leading 90 game streak prior.
So, the question really is:
A. 90-game streak, and 74-107 game streak and 12 overall NCs (with 5 straight NCs and the potential for more)
vs.
B. 90-game streak, 111-game streak (currently 0); 11 overall NCs
B is reality, but I would prefer A.