I wouldn't argue at all about Kansas and Baylor being top 4 teams. They are both really good. I also think that they both would have a couple more losses if they played in the BIG 10 THIS year. The Big 10 is deeper this season than usual obviously. Probably will take a step back next season. It's ups and downs for every conference. Look at the ACC.
They would for sure have more losses if they had to play OSU, Michigan, MSU, Maryland, Illinois, Iowa, etc. 10 times, instead of TCU, ISU, K-State, OSU, and Texas. That is 10 games of cupcake city in a 18 game conference schedule.
KU and Baylor are really good, they would just have a few more losses for sure playing in a tougher league.