No playoffs. Period. The present system isn't perfect. Nor was the pre-BCS situation. Nor would a playoff system be a panacea. Somewhere I saw a proposed scenario for what a 16-team playoff would look like this year. Alabama has already beaten three of the teams in the proposed playoff... LSU, VaTech, and Florida. Schools like TCU haven't played any of the teams in the proposed playoff structure. So Bama might have to play teams it's already beaten? Solid teams could play cupcake schedules and waltz into the playoff?
Goal for the season would be to get into the playoff structure. Definitely rest players. Definitely schedule more cupcakes. Drop the conference title games. In fact, the best strategy might be to go the ND route... no conference affiliation; just play a string of cupcakes and maybe one or two legitimate powers.
Playoffs are a very bad idea IMO.
Not that I have strong feelings on this topic...