I would love the BCS formula to be used to get the 8 or 16 best teams out there for a post season tournament like the NCAA basketball tourney.
Limit the football seasons to 10 or 11 games, use the BCS to determine the best set of teams, and let them play it out. 2 or 4 teams really isn't enough. Honestly I think 8 would be perfect, but I think 16 would work as well.
With 8 teams, you could still go with the big 6 conference tie-ins and 2 at large bids. Or you could do a straight forumula-based field. I think it works out either way this year, but no big deal.
With 16 teams, you could have tie-ins with all 11 D-1A conferences with 5 at large bids. Might share the wealth a bit, and it gets the small guys involved too.
Who wouldn't want to see Fresno v. USC again? I do.
Actually, I'd like to see Ohio State go head to head with USC this year, though of course it won't happen. I think it might look like a replay of the "David vs. Goliath" scenario, when we beat Miami to win the NC.