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Not really. Eight team playoff. Use current BCS system and award a statistically-appropriate bonus to the conference champions. (Take THAT, ND.) The BCS bowls then become the quarterfinals. Semis and championships rotate between the bowls, or else occur at newly-designated permanent sites. Simple, elegant, makes infinitely more sense than what we do now.

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Playoffs add excitement, but don't really do much towards determining the best champion. Compare college basketball to college football - the best team is the national champion in CFB much more often than in CBB.

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I totally agree with this. A team to win a college football Championship needs to win all their games over the long season. Where as, with a CBB tournament a 19-11 team can go on to win a Nat'l chapionship if they play well enough during the tourney or catch teams on a down day. I think they should do away with the BCS alltogether and go back to the old bowl system as the BCS hasn't really improved much as there has been a split Nat'l Championship and Auburn went undefeated and didnt even get a chance to win it. Every system is going to have it flaws though.