According to pretty much every major news service out there, the BCS is dead. The current plan is a 4-team playoff, with the details undecided so far, but one interesting tidbit is the death of the Automatic Qualifier designation for the 6 "power" conferences. There may or may not be a requirement for teams to be a conference champion in order to participate in the playoff.
B1G commish Jim Delaney and PAC-12 commish Larry Scott are on record as in favor of the conference champion requirement, while SEC commish Mike Slive and Notre Dame AD Jack Swarbrick are both very much against the idea, if for very different reasons.
Thoughts/comments/predictions on where this goes?