I'm also in the camp that the regular season title is overrated. Yes, it would be nice to win obviously, but if the tournament is not as as important, then why does the tournament winner get the automatic bid? The tournament winner also gets the trophy, and each team member gets the all important ring.
Also, is there any other sport, college or pro, that puts so much emphasis on winning the regular season? The Golden State Warriors aren't getting the regular season title this year and neither are the Carolina Panthers. Because there isn't one.
In my opinion, KU is the Peyton Manning of the Big 12. That doesn't make their streak of 11 straight regular season titles any less impressive.