We already have bowl games where G5s play each other. There is enough interest in those for them to exist currently. If we turn 3 or 4 of those into a G5 playoff system they will have more interest, sponsors and fans than they currently have. Also, then 60 0r 70 teams that currently have nothing to play for other than a bowl game in mind, UCF included, can then play with a true national championship in mind.
No quality G5 teams other than in the AAC? Not so sure that's true. A playoff including the top 8 of the likes of Boise State, Toledo, San Diego State, USF, Houston, Appalachian State, Marshall, Wyoming, Navy, Northern Illinois, UCF, Troy, Southern Mississippi, Colorado State & Memphis would definitely see interest. Many of those are already playing each other in year end bowl games. However, turn some of those bowl games into a championship playoff and the whole energy of those games, and the season of those conferences, will change.
It is proven that G5 games can get interest when there is something on the line. Look at the TV ratings for the War on I-4 this past Friday when both teams had an excellent season and there was something at stake for that game. Not talking about bowl games including G5 teams with 6-6 records like we currently see sometimes. This would be a playoff with G5 teams that have won 10, 11 or 12 games in the season.
It will be awesome, and we can finally say to the P5, we have our championship...until they get tired of the competition and then invite us back with an expanded playoff system.