If I read it right a one loss Utah or BSU wouldn't even get a shot but a 2 loss OSU or three loss Missouri still get the big money?
It depends on if you want the 16 best teams or 16 best stories....
The issue would be....is an undefeated Ball State team (GO CARDS!!) really one of the best 16 teams (same with BYU). If they go undefeated, I think they would deserve a shot...but if they have a loss, do they deserve it?
You could expand the "automatic" bid for 1 of the 16 slots to other conferences champs but who do you add? MAC, Big Sky, Moutain West, somebody else...do you add them all? This year they could have 3 teams "earn" they way in, but what about most years?
Sometimes the best 16 schools may have more then 1 loss, but generally I would be surprised if many 3 loss teams would be playing for conf championships or ranked in the top 15.

Texas got the short end of the stick this year but I'm sure they will still end up in a bowl and leave with about 18 million reason$ to be happy. BSU on the other hand will sit home and watch two loss OSU lose another BCS bowl game.
