If I look at the relevance for which conference could have the most teams in the Sweet 16, then elite 8 and have 2 or more teams in the Final Four, it is not the PAC12. I agree the Big 10 has some terrible bottom team but they also have significantly better elite teams as well. I don't see Utah or Colorado beating any of Indiana, Iowa, tOSU, Maryland and a toss-up on Michigan. While Stanford has a top 3 team on paper, they just seem to be missing the Lexi Hull more than one could have imagined. I am not sure the Cardinal would win the Big 10.
That said, I guess I could see 2 teams from the PAC 12 making the Sweet 16 with maybe a 3rd depending on the bracketing. My guess is only 1 though. I definitely only see the Stanford Cardinal as the PAC12 team to make an Elite 8 or Final Four.
From a Big 12 perspective I think only Texas is can be Top 16 and maybe Oklahoma. I wouldn't be surprised if zero teams made the Sweet 16 from this conference. I don't think any make the Elite 8 or obviously, the Final Four.
The ACC is now very interesting in that Duke, Virginia Tech and maybe Notre Dame all could qualify for the Sweet 16. However for the Elite 8, Duke needs favorable matchups, Virginia Tech seems to playing its best right now but can they continue. ND, I think will have trouble adjusting to high scoring teams and will max out at the Sweet 16 if they even get that far.
SEC has SC and LSU, who despite the weak OOC is still a good team who is easily able to make a Sweet 16 with Reese, Morris and Mulkey. Tennessee would need very favorable bracketing but has the dynamic due to make a Sweet 16.
The Big East has UConn and Villanova but as we saw with Creighton last year, they are a wild card who has the same personal to make a similar run, however improbable. My bet is only UConn and Villanova.
I think Indiana, Iowa and one of tOSU, Maryland or Michigan all could make a Sweet 16. Indiana and Iowa both should make an Elite 8 and if tOSU finds its mojo again, they too could.
That is why I have it as B10 number 1. I don't care if the PAC gets 5 mediocre team in the NCAAT (Arizona, UCLA, Oregon, Colorado, UCLA) as none them as noted by
@visitingcock have earned any real distinction to warrant true accolades.