While I agree with CVille that by all rights we should be in and not have to sweat Selection Sunday other than seeding ... I share your misgivings, and they are well informed. I too remember 2011, when Lunardi had us in, and then when we were denied, Bilas, Vitale, and others whose opinions I respect (even from ESPN) said we got hosed.
However, besides the difference in RPI between that year and this one that CVille pointed out, we have also since then established ourselves with at least a respectable national reputation, first by winning the 2012 Pac 12 Tourney, then taking Arizona to the wire in the Chengate game (wherein most national figures also said we got hosed ... but we sure got some national pub because of it), and then wiping the floor with said Arizona (sorry Adam) on Valentine's Day last year. Before all that, I would dare to guess that there were several eastern "sportswriters"/pundits/assholes that weren't even sure we had a basketball program.
In short ... this ain't 2011 ... and if we do get denied (even if we lose against Wazzu/USC) it will be even a bigger travesty than what happened then.