Exactly. A fantastic point for all of the "we shouldn't be at this point in year 7" people. If Kentucky loses a first round NIT game after the years you just mentioned, then I don't get those who think Iowa should never have a down year. Not that this program should ever be compared to UK, anyway.
What I'd realistically (key word - REALISTICALLY) like to see out of this program: Make the NCAA tournament most years, and have a year where they challenge for the Big 10 regular season title and make the Sweet 16 maybe 2-4+ times a decade. Actually WIN the Big 10 at least once per decade and hit the Elite 8 or better. Seems like a fairly realistic bar to set, as far as I'm concerned. Ambitious, yes, but if Wisconsin can do it...
Would be nice to see the Hawks make the Final Four again someday. Easier said than done on that, but again, if the VCU's, Butlers and George Masons of the world can do it, then I think Iowa could do it again someday, too.