In my opinion the playoffs should be like the other sports playoff format, NFL, NBA, MLB, NHL, etc,
Win your division or conference and you are in, period. If that means a 10-2 or 9-3 team from the ACC or the Pac12 gets in over a 10-1 or 11-1 SEC or Big 10 runner up, so be it
So today, the only playoff spot that would be solidified is maybe Norte Dame over UCF. We would be waiting to find out if the other 5 spots would be filled by Texas or Oklahoma, Alabama or Georgia, Ohio State or Northwestern, Clemson or Pitt, Utah or Washington. That would make this weekend of conference championships really worth something and exciting across the country. Could you imagine Alabama losing to Georgia and being out but Utah beats Washington and is in. How great would that system be to watch? If basically expands to playoffs to at least 10 teams starting this weekend with the 5 conference championship games