My NCAA FB playoff

For this exercise, we'll use next year's conference set-up with this year's (mostly identical, some theoretical) standings. Work with me.

Rules:
-12 teams, 11 games, 5 weeks, 1 champion...Millions of winners (that's us fans, by the way).
-AQ conferences with a title game (ACC, Big 10, Pac-12, SEC) will receive a 1st round bye for their champion. The other AQ conferences (Big East, Big 12) do not get a bye, but will host a first round game.
-Take the four, AQ conference title game champs and seed them 1-4.
-Pick six at large teams to play four quarterfinal games with the other two AQ teams. AQ teams get a home game and will be seeded No. 5 and No. 6. Seed the remaining four with No. 7 and No. 8 receiving home games. For now, we'll keep the current maximum of two teams per conference. (Sorry, Sparty.)
-The winners of those games will be reseeded -- seriously, I cannot stand any playoff system that does not reseed; it's friggin' ridiculous. They will play the No. 1-4 seeds. That would give 4 quarterfinal games that could be played at the now-BCS sites. (Rose, Sugar, Fiesta, Orange.)
-Semifinals would be alternately played between one east (Orange/Sugar) and one west (Rose/Fiesta) location.
-The National Championship location would be up for bid much like the Final Four or Super Bowl.

Using the above stipulations, and with myself as a one-man selection committee, here is what this year could look like. (Again, using the 2011 conference set-up.)

First round games - Saturday, Dec. 11:
#12 Boise State at #5 Oklahoma - Sooners get a rematch of an epic Fiesta Bowl at home. Who doesn't watch this game? My pick: OU.
#11 Missouri at #6 UConn - Hey, not every game can be Instant Classic worthy. My pick: Mizzou.
#10 Arkansas at #7 TCU - Mallett vs. Frogs D. Yeah, I'd tune in. My pick: TCU.
#9 Ohio State at #8 Stanford - Could've been a great game, but I would bet the Suspended 6 would no get to play in a playoff system. My pick: Stanford.
Byes: #1 Auburn, #2 Oregon, #3 Wisconsin, #4 Virginia Tech

Quarterfinals - Saturday, Dec. 18:
#11 Missouri vs. #1 Auburn, at Sugar Bowl - See: Mizzou/UConn description above. My pick: Auburn.
#8 Stanford vs. #2 Oregon, at Rose Bowl - See: Oct. 2. My pick: Oregon.
#7 TCU vs. #3 Wisconsin, at Fiesta Bowl - See: 2010 Rose Bowl. My pick: TCU.
#5 Oklahoma vs. #4 Virginia Tech, at Orange Bowl - Interesting with both teams playing much better of late, but coming from BAD conferences. My pick: OU.

Semifinals - Saturday, Jan. 1:
#7 TCU vs. #1 Auburn, at Sugar Bowl - They don't make Cam Newtons in the MWC. My pick: Auburn.
#5 Oklahoma vs. #2 Oregon, at Rose Bowl - Big Game Bob? Missing since 2000. My pick: Oregon

National Championship Game, Presented by Mark Cuban - Monday, Jan. 10:
#2 Oregon vs. #1 Auburn, at Cowboys Stadium (Because if this was open for bid, there is no way Jerry Jones lets it slip away.)

So, there you have it. We get the same matchup, but with 10 other games thrown in for good measure. Two non-AQ teams get their shot, and four of the Big 6 get their two teams in.

Sure there are problems. Teams with a bye may bitch about the money that the lower seeds get by hosting a playoff game. Maybe they can pool the money made from the first two rounds and split it proportionately to the byes/winners and the first round losers? You could make the case that Boise State does not belong with one loss in a non-AQ conference. (If that is the argument, however, either the two-team limit would have to be waived, or another ACC/Big East team would have to get in. No one wants that.)