Pros of the playoff:
Teams #3 get to prove their worth instead of "settling" for a BCS bowl
More football with more quality matchups
Less "I think Team A beats Team B if they had played"
The FBS no longer the ONLY tier of football NOT using playoff format
Cons:
People will complain about biased seeding
Harder to win a championship
The 8 or 16 team camps still wont be happy
The Big12 and Notre Dame could get left out with no conference championship games
Wait a tick, how did that last one slip to the cons section. You belong in the pros section little fella.