I do this every year, because I like to think someday we might actually live to see something like this.
-Must be a conference champion (or Top-25 ranked independent) to qualify
-All 6 AQ conference champions are in
-Top 2 non-AQ conference teams are in (based on average rank in coaches/AP polls)
-Teams seeded 1 through 8 by average rank in coach/AP polls
-Higher seeded teams host playoff games
-Final two teams meet in national championship at neutral location; the other six receive BCS bowl berths
(8) West Virginia (Big East)
(1) LSU (SEC)
(5) Clemson (ACC)
(4) Wisconsin (Big Ten)
(6) TCU (At-large/MWC)
(3) Oregon (Pac-12)
(7) Southern Miss (at-large/C-USA)
(2) Oklahoma State (Big XII)
This is the first year where I think this system might actually be a little controversial. First off, Alabama is nowhere to be found (same with Stanford, Arkansas, etc.) because I still hold the belief that if you can't win your conference championship you shouldn't be allowed to win a national championship. This year, however, that rule did something weird to the non-AQ teams. That is: not one, but two non-AQ teams are ranked above non-AQ teams that made the bracket. Boise State is ranked higher than TCU, and Houston is ranked above Southern Miss. But So. Miss beat Houston head-to-head, just as TCU beat Boise head-to-head. So in this case I think my conference championship rule worked out fairly.
It still cracks me up that the Big East is the #8 seed.