Of course they are, care to expand on that?
TCU has no bad losses, in fact I would put SMU, Kansas, West Virginia on par with our losses to top teams. However you could match up Iowa's losses to Virginia, Notre Dame, and Purdue as being comparable to TCU's losses.
Now of course, the losses to Memphis and Omaha are bad and TCU doesnt have anything that pathetic, but then you could turn around and say TCU has nothing remotely close to Iowa's wins over Iowa State, Purdue, and Michigan, heck even Rutgers has a winning record. Does TCU even have a win over a team above .500? Illinois State maybe?
So for someone to sit there and argue how TCU is so great and are this much more talented team than Iowa is completely ridiculous.