Nothing but NET. I generally like this but, we'll have to see how it plays out. Much like the RPI, it will heavily factor in wins, losses, strength of schedule, and give more weight to road and neutral site wins, but it adds some advanced analytic components. It does NOT give any more weight to late season games.
The new factors include margin of victory, and offensive and defensive efficiency. Credit for margin of victory is capped at 10 to prevent teams from needlessly running up the score. I have mixed feelings about this, as often times there's not a huge difference between an 8 point loss and a 2-3 point loss when teams get some garbage free throws at the end, etc. It will also be interesting to see how the efficiency metrics are weighted. Presumably, a team will perform better in those areas against a weaker schedule, so this may lessen the importance of top quadrant opponents somewhat.
I would be interested to see how this system would have made the final selections different in the past few years. Hopefully the coaches were all made aware of these changes prior to finalize their schedules.