I'm viewing Oklahoma State's schedule from 2011 and having a very difficult time figuring out why people seem to think they were so good.
They lost to Iowa State. They had close calls with Texas, Texas A&M, Kansas State and Stanford. If my math is correct, their defense also gave up almost 27 points per game.
http://en.wikipedia....s_football_team
Here's a really simple solution to this - do you think Nebraska should have played in the national championship game in 2001?
No, probably not. But the circumstances that year were similar those those in 2011, where it was clear who the #1 team in the country was and there was a difference of opinion with respect to who the #2 team was. I don't think Nebraska was the second best team in the country that year. But it's unclear who was.
Both OSU and Alabama had one loss. Alabama's was a close call to the #1 team in the country. Oklahoma State's was to Iowa State. Which loss was worse? Which team had more impressive wins?
It's about which team is better, not about who has the more impressive resume. We're picking the better football team, not hiring an accountant.
The situations are, by your own admission, nearly the exact same on all major points - if you didn't think Nebraska should have played for it, it's hard to think Alabama should have. LSU was unanimously #1 by virtue of winning every game, and more than one team with an argument for #2. Oklahoma State had a worse loss (the day after several members of their administration died in a tragic plane crash), but also had
definitely equal wins and
probably better wins, along with a conference championship.
All other things being essentially equal, a conference champion is better and more deserving than a non-division and non-conference champion.