If we are looking at ratings of the other ACC teams, I think the most interesting case is Pitt (9-5, 0-3 ACC, 50 NET, 53 KP).
They are sitting at NET of 50 despite an 0-3 Q1 record and an 0-1 Q2 record. They also dropped a Q3 game to Missouri at home. Based on Kenpom, their best win is #124 West Virginia, and they've only beaten 4 top 200 KP teams. Their losses aren't all close games either, as they've lost to UNC by 13, Syracuse by 8, Clemson by 9, Missouri by 7, and Florida by 15.
So what gives, why are they ranked in the same ballpark as Wake? Well, most of their wins are blowouts. They beat NCA&T(KP 345) by 48, Binghamton (KP 276) by 29, Jacksonville (KP 273) by 51, Oregon St (KP 159) by 25, West Virginia (KP 124) by 17, and SC St (KP 334) by 26.
The stats believe that only a pretty good team could blow all these teams out like that. But if they don't start proving it by beating actually good teams, their metrics are going to plummet, because they don't have too many cupcakes to blow out left now. And rest assured, they will not be getting an NCAAT bid over Wake with a resume that even resembles what they have today.