I'll be the first to bite.
I've always believed (forever) that the ACC was the best all around conference, with great academics ACROSS the board, a commitment to student athletes at every school, and a blood is thicker than water mentality within our conference. The Big 10/1/2 comes a close second to that. For those reasons, those are the two top conferences I see. When I found out about the Association of American Universities - and how many of those schools were in the ACC and Big 10, it served as more of an anchor to that belief.
At first glance, I think you've injected a little too much "academic ratings of the athletes" vs. the actual schools themselves. Also, you've completely discounted the value of land grant institutions and their programs (Ag, Tech, Engineering). In many cases, maybe the second is just in line with the first, as many of these schools have attempted to "buy" respect from the "REAL" universities by whupping our butts in sports the wrong way.
But the academic progress of the athletes, while a factor, isn't what I think you're going for.
In our league, for example, you list Georgia Tech as middling, with Clemson, State, VTech, and UM as NOT TOP.
Well, if our NOT TOP schools include Clemson, VPI, NCSU, and Maryland, then we are BY FAR the top conference.
Let's start with State. Are you for real? The nation's top Vet School, #1 Textiles Engineering School, #2 Statistics Department, and an overall Top 20 Engineering school make you a "NOT TOP" school?
Your not top list also includes 2 more of the country's top engineering schools (not MIT or Cal Tech, but who is?). And while academically, the overall University of Maryland system is setup for everybody to attend, UM-College Park has some premium programs in place. To be honest, UM should be given extra props for setting up the University of Maryland - Munich, which is essentially the only way many of our armed service children will attend college - even those that would have otherwise attended Duke, Notre Dame, Michigan, etc.
Now, I can't bump up our own conference without pointing out some of the schools in other conferences: Wisconsin and Illinois for starters. Speaking of engineering (did I mention that before?), the UI EE program is just freaky awesome. Anddd Purdue & Michigan State are regular contributors to our nations biggest computer and software companies - companies that NEVER hire second tier talent. So, by the same philosophy as bumping up the ACC, the Big Televenelve looks good, too.
Don't see anything inherently off with your Pac 10 assessments, though I could be suffering from east coast bias there.
The Big East is interesting to look at when you lay it out: a whole bevy of commuter colleges and catholic schools, I don't think I see much there. At the same time, though, these schools achieve high marks for what and where they are: for example, while most Memphis students don't graduate, the ones that do tend to be bright and go on to do great things. And the law school is a treasure. Similarly, if I were a math nut, the Math Department, especially Stats, at UcConn is a great choice (behind Iowa State (#1), NC State (#2), and UNC (#3) of course).
I'm not sure I can really fault anything you write about the SEC schools, though I believe you have sold the University of Kentucky and Ol' Miss extremely short. To a lesser extent, Alabama and LSU, too.
Again, if you're rating the athletic departments' academics, then I see nothing wrong with your list, but if you're truly trying to analyze the academics of schools then you have to consider more than just their US News rankings and SAT scores.
For example, I have no problem with UNC being listed as a top flight school in the ACC, but with a 60% graduation rate, one could argue that ultimately, it's the same as other state universities in the south (Alabama, Florida, Tennessee, Kentucky).
And while we certainly love to make fun of our land grant brethren across the country, to say that those schools are inferior academically is to completely ignore the value of technical programs. Heck, my EE degree from Duke ranks lower than almost all of the "NOT TOP" schools you list.