If Georgia plays a half-decent game against Alabama they might be a rare 2-loss team that deserves a playoff spot. As for OSU, forget about the playoffs. Their loss to Purdue — by 29 POINTS, mind you — should disqualify them from Division I football, let alone the playoffs. :-P
Hey Purdue is a bowl eligible team, who beat three ranked teams this year. Yes we lost to Eastern Michigan, but are 8 points short of being 8-3.