Citation needed here. Sure a couple teams will probably be more assured of their playoff spot in the last week or two, but if anything there's far more teams gunning for #8 in November than there will be teams gunning for #4. Also, the 'mulligans' you're referring to are basically 'the right to play one of the best couple teams in the country in the 1st round of the playoffs, possibly on the road'. More does not always equal better, and the tension will be lessened by the #12 team or whatever still being alive even after at least 2 losses in mid-November. If you can lose twice and still be very much alive, the week-to-week tension plummets. Self-replying here - for instance, the ND/FSU game two weeks ago, while fun, wouldn't have near the meaning in an 8-team system. Both would easily be able to make it to the playoff. In the current system, ND, now having lost the game, is by no means a lock to get in even if they win out, especially since their schedule looks far less overwhelming than it did in July. The entire SEC West season would be different because any team could lose twice and still easily pick up enough quality wins to get an at-large bid. Hell, even as it is, 2 losses might still win the SEC West and therefore give the champ a shot at playing their way in. Both ND and FSU can pretty easily still make the playoff in the current format. I mean, there's 4 SEC teams alone in front of ND with like 4-5 games against each other, TCU plays K-State, etc. If your premise were true then no one would care about conference tournaments in basketball season, but those continue to be very popular. The same logic applies, more teams have at least an outside shot at a playoff berth so people tune in to see if it comes to fruition, and teams that are more assured of their spot still have seeding to play for. If anything this is even more significant in the football playoff, because even if a team is a 'lock' the season is short enough that they could stumble into a game where they're a potential underdog or even playing the best/near best team in the country. If the season ended on Saturday in an 8 team playoff, do you think Ole Miss/Auburn would be a pointless affair? No, even if both were guaranteed a spot(they wouldn't, your certainty about locks before championship week is exaggerated), they'd desperately want to win to avoid having to play Florida State/Miss State in round 1. All your points have some degree of merit, frankly. I think I might just be an old man on this topic.