Disagree completely.. No way OSU doesn't make the playoffs - we have the most wins against t10 teams. It would help clarify things if the selection committee said that outright, but that may not happen.
PSU has looked good recently and may win the championship game in Indy, but that doesn't make them a lock for the playoffs.
I think the scenario is actually this:
Clemson is win and in -- they might even get the #2 seed over OSU if they win. UW is also win and in - but even if they win they will get the 4 seed.
TTUN would be selected over UW if they lose. This will also vault UM over the Big10 champ because both potential championship teams have the same number of losses (2) as UM.. but UM played a better schedule and beat both teams. UM also beat Colorado - who would in this scenario have just beaten UW for the Pac10 title.
I also think TTUN gets picked over Clemson if Clemson loses.