The Southern Fried Playoff (SFPO) is a simple 16-team single-elimination tournament that would integrate some of the existing bowl venues while allowing the other bowls to thrive and prosper.
SFPO qualification is simple. Win your conference and you are in, period.
Each conference can determine a champion as they see fit, with a championship game of divisional winners or a round-robin with tie breakers, leave it up to each conference.
Notre Dame and the other independents might want to join a conference but they don’t have to.
In addition to the conference champions, five "at-large" entrants would be included based on the composite rankings from the AP, USA Today, and Harris Interactive polls.
The "at large" bids would go to the five highest ranked "non" champions, irrespective of conference affiliation.
This would virtually guarantee that no deserving team is left out, nor does it unfairly "lock out" the Boise States and TCUs of the world.
For Part I see: http://bleacherreport.com/articles/304181-ncaas-plantationthe-bcs-is-holding-tcu-and-all-of-mid-america-down