I say expand the playoff to include all FBS conference champions. Maybe a minimum number of wins against FBS competition should be set, like, say, 9 wins. That way, you don't have a conference champion getting in that has 4 or more losses. But I think if you do that, if you make the playoff open to those "G5" conference champions, like Army who is sitting here with one loss so far, it gives the regular season and the playoffs more meaning for everyone and helps FBS football overall.
Also, maybe there should be a second playoff, similar to the NIT in men's college basketball, that includes the best of the rest. That wouldn't be perfect, but maybe some of the players who otherwise would be avoiding playing in meaningless bowl games might be more likely to play. It's not a perfect solution, but if we're going to continue having bowl games that look more like exhibitions than actual games, then maybe we should look at ways to make them more meaningful.
