The commitee is human - they follow polls. You get in the top 5 you probably won't get hosed as bad. Perception absolutely matters in the tourney.I just don't care about rankings. If everybody complaining about the rankings just ignored them, their lives would be better too.
The only thing that matters to me are big ten and NCAA tournament wins. Everything else (B10 Tourney and non-conference) is just icing on the cake.
It's funny to me that out of 200+ teams, people complain about being 5 spots too low. Why does it matter?