Alright, let's revisit. Bama-tOSU isn't over yet, but I think that with 5 data points from the top of the SECW underperforming their expectations in bowls, we can knock the SECW down one notch. We have a solid trend among those teams. Note that TAMU and Arkansas both did well though. Overall, that division is still really good, and basically the top came down, but the bottom rose up. There are still 6 top-20 power teams, at least, in that division, without a doubt. Bama, Ole Miss, MSU, Arkansas, Auburn, LSU in no particular order (LSU probably last out of that group).
The SEC East on the other hand has done well in its bowls. Tennessee still has to play Iowa which should be a completely terrible game...I'm not holding my breath for this result. There was this narrative this season that the SECE was terrible...sure, UK and Vandy are bad, but that division largely was underrated badly. Georgia can easily make a case for being the best or 2nd best team in the SEC.
In terms of ranking the conferences? Won't change much. The Pac will close the gap a little bit, but that's all. Oregon, Stanford, Utah beat their expected spreads, Arizona, ArizonaSt, and USC did not. I haven't done the math but I think that they as a whole will pick up some ratings points, and the SEC will lose a few. It won't be nearly enough though.
Narratives are fun for some people, and I know many who don't like the conference are glad that the 5 SECW teams lost, and that's fine. Hate away, I won't stop you.
One conference that can make a little jump in the metrics would be the B1G... now the thing about the B1G is that the top teams have all done well in bowls, but the bottom teams have been pretty terrible. That's good, perception-wise, for the B1G since most casual fans don't care that Illinois got romped, they just see that Sparty and Wisconsin won. But top to bottom conference rankings don't care - each team is equal. Still, it's been a good bowl season for the Big Ten who was favored in 0 bowl games and could be sitting at 5-4. (Note that despite being 0 for 10 in being favored, probability dictates that the Big Ten would still go 3-7 or so, on average). Still, a good showing for the Big Ten.
Things look good for the Big Ten. In the next couple of years, I'm thinking that the Big Ten will be right there with the Big 12 for the 3rd best conference due to the Urban Meyer and Jim Harbaugh hires, Penn State getting back to full strength, etc etc.