Those are fairly weak examples.
(snip foolishness)
Whats a better job right now, Indiana or Illinois. Indiana has been struggling and Illinois has had some success recently. By your criteria, the answer is Illinois. But I don't think you'll find a non-Illini alum who would rather have the Illinois job.
You know what's weak?
2002–2003 Maryland 21–10 11–5 T–2nd NCAA Sweet 16
2003–2004 Maryland 20–12 7–9 T–6th NCAA 2nd Round
2004–2005 Maryland 19–13 7–9 T–6th NIT Semifinals
2005–2006 Maryland 19–13 8–8 6th NIT 1st Round
2006–2007 Maryland 25–9 10–6 T–3rd NCAA 2nd Round
2007–2008 Maryland 19–15 8–8 T–5th NIT 2nd Round
2008–2009 Maryland 21–14 7–9 T–7th NCAA 2nd Round
2009–2010 Maryland 24–9 13–3 T–1st NCAA 2nd Round
2010–2011 Maryland 19–14 7–9
I'm sorry, that's not just a year or two. That's two teams that were damn fortunate to even be in the tournament away from 2 berths in the last 8 years, with year 9 not looking promising.
You pick on FSU missing Singleton as if they weren't already without him this season (6-3, 2-0 in the NCAA tournament when he didn't play or played fewer than 20 minutes). Meanwhile, Maryland stands a good chance of losing Jordan Williams to go with their seniors. So you've Faust, Stoglin, Mosley and what? Better hope Howard and Paalson are ready for prime time I guess.
I'm sorry...Maryland blew their shot. They're just another program. No one is afraid of them. NC State has more than blown their shot. Wake...blew their shot a long time ago. Georgia Tech blew their shot. No one else has really had a shot lately. The most consistent programs of late other than Duke and UNC are FSU and Clemson and neither one looks to be getting markedly weaker next year.
As for what the better job is between Indiana and Illinois, it's really a question worth asking. Most of Indiana's rep was forged under possibly the best teacher of the game in history. It is entirely reasonable to think that the program will never in the near future be as good as it was under Knight. Illinois has a lot of fans and a lot of people in the state that follow the game, and a lot of kids that play in the state, and a larger population at large. Illinois's made the NCAA championship game, it's not like they've never seen success. If Illinois were to hire a great coach, I don't see what they couldn't accomplish that Indiana could.
However, Weber appears to have been living off Self's work for the early part of his tenure, and recently the program has been a marginal NCAA tournament one. Indiana hasn't made it there yet under Crean, but their recruiting suggests they may in the near future. Really a tough call right now.
If Crean were to flop and Weber were to get fired after another non-descript season, I suspect the biggest difference in the caliber of coach hired would be the amount each school pays.