Interesting article Hass...although I think there's one thing that these guys don't factor in, and that is the distinct possibility that the conference craziness could still continue, and possibly get even worse.
Why would Texas Tech continue to play in the Big XII, playing second fiddle to the other schools when they could jump ship to the Sun Belt and grab that auto-bid every season? It could create a massive domino effect in college football.
I'm ok with 4, 8, or 16 teams really...I think taking the eight highest-ranked teams is the best idea at the end of the day, but I'm really ok with any system that expands the number of teams competing for the national title.