Yes and yes. I know it's pretty much impossible for a team to be among the elite every single year, but I don't feel that there's anything wrong with expecting greatness. In the words of the great sage Donnie Simpson, "Shoot for the moon, and even if you miss you'll still be among the stars." Lol.
Every year, every game I expect Bama to win. I never expect losses. Ever. Even when during the latter part of the 90's and the early 2000s, I went into each season with the mindset that this year would be the year. So of course I get upset when it doesn't happen. Not so upset that I am consumed by it or anything, but I expect the team I root for to be great, that's all. When it doesn't happen, I look forward to the next year, when we will prove all the doubters wrong.