Seems about right to me.
While IU is 11-2 and will probably beat UI to go to 12-2, they still struggle with outside shooting, turnovers, and free throws. While they are improving in each of those, the B10 is really tough this year.
The road game at Michigan will be a true measurement of where IU is. Win that, IU makes a run at the B10 title, make it competitive and IU is a top 5 team, get destroyed like Purdue...IU is overrated.
And do not forget IU plays Rutgers, Illinois, Northwestern twice and does not have to go to Nebraska, Ohio State, and Wisconsin. The unbalanced schedule will play a big part in the standings this year.