Well, I don't think anyone expects anything other than 'Bama vs. Texas in the NC (man, it feels good to type that!).
But, I agree with Fowler, if he is saying that it might be closer than many people think...
Texas and TCU are very close in the computers (0.89 to 0.86). Texas will get a bump, but they will NOT move up in the human polls, despite Florida losing - in fact, Florida may still actually be ahead of Texas in the computers - which is good news for TCU.
Texas had #1 votes in both polls, which they will not have this week. They were #2 in one poll (which they will remain, but will have fewer #1 votes), and #3 in the other, but only by two votes. TCU, however, may very well move from #4 in both polls to #3 in both polls.
Assuming Texas has a firm grasp on #2 in the polls, then they will be ahead of TCU, but it will not be a landslide.