I wouldn't say terrible --- Davidson has had two very good runs in their history --- the Curry run, and prior to that, a nice run in the 60s and early 70s with Lefty Driesell & Terry Holland at the helm. They went through a period in the 80s where they almost dropped their athletics program entirely, and it crippled the program. They left the SoCon, spent a couple of years in the Big South, before finally re-joining the SoCon.
They have the most tournament bids of any SoCon school, and certainly the most tournament wins. Definitely not terrible.
That said, I wasn't advocating that they should have a higher baseline; they certainly should not.