i understand what you are saying, but i still watch most bowls, and 90% of them (which is a kind estimate) are completely worthless... but still entertaining.
I watch most bowls, too, but you and I aren't why they're afraid of a playoff. We'll watch football (especially college football) any time, all the time. I've been watching the Sun Belt teams on Tuesday nights whenever they've been on - I think Tuesday Night Football is the greatest invention since Wednesday Night Football. And Friday Night Football. And Thursday Night Football. But I digress.
What they're trying to do with all these stupid bowl games is catch the eye of all the bandwagon fans of all these marginal teams that come and go every year. They're afraid that if we implement a 16-team playoff, everyone will focus on those and forget about the Poulan Weed Eater Bowl, or the Eagle Bank bowl, or the Humanitarian bowl, or whatever else they're calling these things these days.