It will kill the game... and none of us want that
Winston Churchill famously quipped when discussing the merits of democracy that: "Democracy is the worst form of government except for all those others that have been tried," and I think that is much in keeping with my sentiments about the Bowl Championship series or BCS in 1-A College Football.
The BCS, implemented in 1998 as a replacement for the Bowl Coalition/Alliance system, was designed to match up the #1 and #2 ranked teams in a bowl game to determine who was the national champion. While it hasn't always worked out for the best, and there have been some errors in the past, it does seem to be getting closer to the right solution for 1-A football.
The whole aesthetic of 1-A college football is that "Every game matters," and that the regular season is the playoffs, and every time a change is made in the post-season, the regular season suffers. After the implementationhe current system has taken away some of the heat from a lot of the bowl games, since all the attention is given to the Big 4 BCS bowls, and a full 8-16 team playoff system would virtually kill college football as we know it now. How do I know this?
Compare interest in college basketball during the regular season to that of "March Madness". I think in general, college basketball just doesn't generate the heat during their season, which generally means that its not worth watching, so is sort of pointless. It is only the tournament that draws the crowds. With college football, well, there are almost always interesting matchups that have bowl implications, even in week 1, because a single loss, while dampened if early in the season, still affects how things turn out at the end, and that is the interesting part of the sport.
I'd rather have an imperfect solution for the ending of a season if it allowed me and thousands of other football fans the joy of watching a dramatic season where every game was important than having the regular season be essentially meaningless and have to wait 4 months for the real games to begin.
I am prepared to defend my anti-playoff position from anyone who disagrees with me, and I am sure there are people out there who do.