I know I'm in the minority here, but I think this is a good thing. They fucked it up by going away from the old bowls to the BCS. No need to fuck it up more by going to a stupid playoff system.
Either keep it the way it is or go back to the traditional bowl system.
FWIW, the only year I can think of where the BCS didn't get it "right" was the 2003(4?) season where Auburn got hosed.
http://nbcsports.msnbc.com/id/24390204/