I'd rather see many good teams, rather than a few good teams and a lot of sh**ty ones.
Yea, the big time schools aren't dominating year in and year out anymore, but like someone said, it's like baseball where you have the Yankees running the table every freakign year. That's boring. Parity is more of a good thing than bad thing
And a playoff system won't fix anything, imo. Fix the ranking system first
How do you fix the ranking system?
First, you distance yourself as far as possible from the Coaches' Poll (the biggest joke in all of sports). Then you weed out the low integrity scum among the media polls, and come up with 40-50 critically intelligent, open-minded and high integrity pollsters from across the country. Make that the human element of the ranking system, and make it worth 50%. Then allow the computers to use MOV again (common sense, considering the pollsters clearly take it into consideration every week), and make that worth 50%. Tally the rankings at the end of the season and come up with the top four for a plus-one playoff system (any more than that will damage the beauty of the regulars season). Play #1 vs. #4 on Dec. 30 and #2 vs. #3 on Dec. 31. You could make those neutral games or have them home games (for #1 and #2) to make things more interesting, and keep some incentive to finish in the top two.
Let's say this very simple system is in place this season. Let's say Texas and Bama win out (including the CCGs) and Cincinnati falls to Pitt. This likely leaves the top four as follows:
1. Alabama 13-0
2. Texas 13-0
3. TCU 12-0
4. Boise St. 12-0
Boise St. books their flights to Tuscaloosa for a showdown on Dec. 30 as they try to recreate their Fiesta Bowl upset of Oklahoma (or Utah's Sugar Bowl win over Bama last season) against the #1 Crimson Tide.
TCU takes their best team in school history to Austin to try to knock off Heisman winner Colt McCoy and finalist Jordan Shipley. It's the two longest winning streaks in the country as either TCU's 14 games or Texas' 17 games will end on Dec. 31.
Then the winners play in the National Championship Game December 7 in Pasadena. Other bowls go on as usual.