The program is in bad shape, however, it is a positive that we only lose Cole, but I know people hope Archie is gone after this season as well. Again, not a bad thing if that happens as well, the flexability to bring in 5 new players.
OP is correct, we need more East Coast kids that can play, like Basabe, here is a novel concept...The high school Basabe played for is a perrenial power and if Basabe continues to do well, could Iowa have a pipeline to that school, one current player who is a Jr. has Iowa on his list even though the Hawks haven't offered him and there are plenty more good prospects from that school. That high school has a C and SG rated in the Top 150 in the 2012 class the gaurd is the one that has Iowa on his list.
Also, Andrew Francis has reached out to his old high school in looking at Shaquille Stokes. Fran has a lot of good connections there in the East Coast, so it bodes well.
Other areas Iowa is reaching out to other states as well like: Texas and Georgia. The 2012 class offers Iowa has out there with the new staff: 2 kids in TX (6-10, C and a 6-2 SG) and 2 kids in Georgia (6-9 C and a 6-7 PF). This staff is going to recruit everywhere. These are Sherm Dillard and Kirk Speraw kids with their connections.
The thing about basketball is one better than average recruiting class can allow a team to improve dramatically. How the staff goes about this is going to be interesting, stick with bringing in freshman or go the JUCO route.
Iowa basketball will be back sooner than some expect, the program is down, but the right class can accelerate the process.