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Finally, one of the biggest complaints about last season's inclusion of Alabama in the BCS National Championship Game was the fact that the Crimson Tide failed to win their conference championship. In fact, the Tide failed to even qualify to play in their conference championship game, finishing in second place in their division.
The new system, while not explicitly denying access to conference non-champions, does place a sense of importance on winning a conference championship (the weight of that importance has yet to be determined).
Since we're all interested in maintaining a quality, meaningful regular season, why not make it such?
With an eight-team playoff, starting at the current BCS bowls, we'll select the top eight conference champions (within reason, meaning they should be ranked champions, as no one really wants to see a MAC vs. Sun Belt matchup in the Fiesta Bowl).
With the proliferation of conference championship games, the various games on the first Saturday of December will in essence be play-in games; win your conference championship game, play in the playoffs.
That not only maintains the importance of the regular season, but it might even add importance. No longer would teams like Michigan be able to back into the BCS.
Regular season losses like Michigan losing to Michigan State or Alabama losing to LSU hurt more if there's some actual pain attached.
Anyone really want to argue that Michigan suffered for that loss to MSU? How badly was Alabama punished for coming up short (at home, no less) against LSU?
If we're going to create a playoff system for the most popular of sports, it's important that we get it right.
A four-team system just doesn't do justice to a sport that is as grand as college football in America.