I'd like to see an expanded playoff - several ways to do this but easiest is 12 teams (all conference champions plus 2 at large).
Here's how I would have set it up using this year's CFP Rankings (plus BCS Rankings for unranked champions).
All seeds are Ranked by committee - top 4 seeds get a bye. Next 4 seeds are home team for 1st round. One "G5" team will always get to play at home in 1st.
Quarterfinals can be played on Campus of Top seeds or played at "Neutral Site" bowl locations similar to Basketball tournament.
Bowl Games wouldn't know their date until December 3.
Birmingham Bowl could be Alabama vs. Troy/Ohio State Winner
Belk Bowl could be Clemson vs. Boise/UCF winner
Heart of Dallas could be Oklahoma vs. Toledo/USC winner
TaxSlayer Bowl (Jacksonville, FL) could be Georgia vs. FAU/Wisconsin winner.
Remaining Bowls would be slotted using a committee of Conference reps, TV reps, & Bowl Reps.
Attachment 14242