You are making an assumption by saying that IU will "likely beat them over the next couple years." Your team consists of veterans AND recruits. By your statement you also assume that this UK crop of freshmen aren't going to be there next year. Honestly, I only see one or two at the most that might enter the draft.
As far as the home and home series, I wish we still played IU, but that's not my decision. I can sit here and speculate all I want and so can you, but all we have to go on is what Cal has said. He knows that a rivalry game early in the year is a potential loss for the program and he is protecting his players from emotional deflation. UK has become a non-traditional program because of the number of freshmen that have jumped to the NBA the last few years. They only have ONE player that got significant minutes last year. Since UK has won 4 of the last 5 meetings by an average of 16.5 pts, I would like to see that game continue, but again, not my decision.
(Yes I know that the last few years IU was under probation)