The college football world will soon look like March Madness where it's rare that the season's 'best' team wins the championship. Losing early in the season has always meant less than losing late. No sensible reason for that but it's always been that way.
If I'm a Georgia or Bama fan I can say, "Texas lost to a much inferior opponent than we did" and that's a fact. OU was no pushover but they're, at best, top 15.
Too bad they couldn't have 6 this year but then the argument would be 'why Georgia and not Ohio State?'
More teams will ensure most of the best teams get in but you'll still have arguments about whether a 10-2 Missouri should be in vs a 10-2 Oregon vs a 10-2 Clemson. And, on a given day, any of those teams could knock off the 'best' team. So, what does the regular season boil down to? Not much, unfortunately.
FWIW, I think FSU gets in and should. If they'd won 27-17 (the same 10 points margin), would anyone question their legitimacy? If I had to guess, playing their 2nd string QB allows them to score at least 7 more points tonight. He'll play in the playoffs and that defense is legit no matter who they're playing. Are they one of the four best right now - probably not. But Bama wasn't either when TX beat them. TX wasn't when OU beat them. GA wasn't tonight.
Should Georgia have been allowed to opt out of the SEC championship? The conference would have guaranteed one spot in the playoffs if they had. In retrospect, seems like it was the most logical thing to do. As it is now, both teams may miss the playoffs.