But here is the thing… I brought up PSU repeatedly. No one could explain why they were a top 10 team. Nor did they really care that they were. Same with Texas. But when you bring up SMU or Indiana the issue becomes more heated.
I think 5 AQs are too much and are probably the biggest issue. Move it to 3 or 4 and you probably going to make most people happy.
The AQs are certainly an issue but it kind of masks the underlying issue of not properly parsing, or even going over the data. You mention PSU this year, well Oregon was their darling last year. Weak SoS but they were the top one loss team all the way to the final rankings. Based on nothing but their opinion.
I was waiting for this to update and it finally did, now I still think there should be a human element but here's a computer composite:
Calculated by aggregating computer generated college football power rankings from around the web and determining each team’s average ranking.
powerrankingsguru.com
We can argue a bit over the rankings (Georgia and Oregon too low, ND too high), but you can see Penn State is pushed down a bit, and Boise State, Arizona State and Clemson are out. We need a bit of this logic to make sense of stuff, otherwise it will just be the luck of an easy schedule that is the biggest factor in making a playoff.