Those teams facing the Colts would have been more competitive though.
You assume the Colts would have still maintained a perfect season prior to the Jets game fiasco
In a 14 game season the league would become drastically more competitive. In addition to the extra wild card berths the bottom-feeders would be playing for something too.
Nothing about shaving 2 week from the season would make the teams more competitive. Still going to be the same number of teams with he same players.