And now most likely both are out.
Maybe they could play each other again in their Bowl Game.
It seems from looking at the rankings that there is a clear distinction between the teams with 1 loss and 2 losses. This year I would have put 6 teams in the playoffs. Let the numbers 3-6 play their way into the semis. If some year there are 8 teams have 4 first round games. I think most major stadium,s could host a game with two weeks notice and give the fans chance to get to the game.
Adjust the number according to the rankings each year or face the same crap every year as some great teams sit it out.