Nope. My system would only take 4 teams out of the bowl season instead of the usual two. I disagree with the idea of having 16 teams. If that were in place this year then a Big 12 Champ. game between say Kansas and Oklahoma would mean nothing ince both teasm would be in top 16. Under my plan that game would be for a possible berth in the final four.
If the BCS is expanded I suspect that we would see the top 4 BCS teams have a final four type tournament.
Better yet, do what they do for March Madness, the bracket system.