Yes, we are historically that terrible of a program that beating the worst WVU team in years would still get a lot of people excited. The same way it did when we used to beat them in Charleston en route to a 14-18 record.
No, it doesn't... We have played zero good teams, and a loss to WVU would at least be a "good" loss... Beating the worst teams in all of Division I (Chicago State, Miami Oh, Coppin State, etc - Not to mention Glenville State) does less for us than losing to a P5 borderline tournament team.
If you dont believe that, just look at WVU as the example... The reason they are still in the conversation for the big dance is because all of their losses are "good' losses to teams in Quad 1. No analyst is saying, "Man they should have replaced Purdue and Xavier with Coppin State and Miami Oh to make their record look better."