plus, sometimes in spite of money and prestige there are no top recruits in your market, after just getting EE'd for both my starting guards (jr and so), I find zero top guards within a couple of hundred miles - it is a false assumption that you will bring in the #1,2,3,4,5 recruits in the country just because you got EE'd.
each season 3 or 4 coaches get EE'd in each world, I would guess at best, 1 coach actually comes out of the ordeal in just as good or better shape, the other 3 pretty well are out of contention for that season, maybe the next one too.
that being said, I have not really heard great alternatives to EE's, if you let some of these coaches who are drafting the top 5 players in their markets whenever they want keep the guys for 4 seasons, some of these guys are going to assemble 1000 rated teams