I've always thought it was dumb and that hasn't changed as rarely do I think, man I wish that team had a shot at the playoffs. Sure it happens where sometimes the 9th seed has a winning record and you kind of feel bad they didn't make the playoffs, but the 10th seed has almost never been good enough to make the playoffs, yet we give them that chance. No point.
If you want to do something, maybe make it, but only for teams that are above .500 or within x number of games from the 8th seed. At least then it is more merit based and not some random garbage team making it in. I know they wouldn't do that because you can't plan for it, but at least then it feels more earned.