Would Boise State have won a first round playoff game? We don't know and probably won't find out in the near future.
Using a BCS formula we could have an 8 team playoff format with the number 1 playing number 8 and so on. First games beginning on or around Christmas and the final game played on January 8th.
Some very good games would have come about this season. I know that ND would not be part of it this season, but the Irish need to win a game when it counts.
First Round games played on December 23rd
tOSU v. tBSU Battle of the State University. Played at Ohio State
FLA v. WIS Once beaten teams from two of the top conferences. Played at The Swamp
UMich v. LOU Michigan gets to show they belong. Played at the Big House
LSU v. USC The Rose Bowl everybody wanted. Played at LSU
Second Round Games played on Jan 1st Rotate the four big bowls for these games. Once again we have a New Years day worth watching.
tOSU v. USC @ The SUGAR BOWL
FLA v. UMich @ The ROSE BOWL
(Orange and Fiesta host regular games this season and switch next year)
National Championship (Glendale AZ, Jan 8th.)
USC v. FLA shootout in the desert. Both teams score 50+ and game becomes the best National championship game in history.