I agree. I think what would also be worth looking at is 'exit velocity' - i.e. each team's form going into the play-offs and whether the most 'in form' teams did well or not. I have a hunch that a team that finished the season well and just managed to scratch sixth place will do better than a...
As requested above; losing play off finalists (those in bold played the semi second leg at home):
2003 - Sheffield United (3rd)
2004 - West Ham United (4th)
2005 - Preston North End (5th)
2006 - Leeds United (5th)
2007 - West Bromwich Albion (4th)
2008 - Bristol City (4th)
2009 - Sheffield...
Out of curiosity, I thought I would look at the league position of the winners from the last 10 years:
[teams in bold played the semi-final second leg at home]
2003 - Wolverhampton Wanderers (5th in league)
2004 - Chrystal Palace (6th)
2005 - West Ham United (6th)
2006 - Watford (3rd)
2007 -...