I wonder if Michigan, Illinois, UNLV fans, etc. really care that some of their greatest teams were made up of players acquired in a less-than-honest manner. Something tells me "no". The flying illini, fab 5, etc. etc. All you hear about is how great those teams were, not that they are tainted by shady recruiting. Do UK fans care that John Calipari has a checkered past, and is still most likely bending the rules? Leopards don't change their spots, right? Judging by the amount of UK fans that show up for their NCAA games, I'd say it doesn't bother them much, either.
Vacated wins? No one really gives a rip, and you can vacate all the wins you want - it doesn't change the fact that other programs were still cheated out of those recruits that they might have had otherwise, if not for other coaches' recruiting practices.
Of course "the right way" would be great, but at a school like Iowa, that usually means mediocrity. I don't expect our coaches to be choir boys - you have to push the envelope. I don't like it, but I think it's a fact.