Perhaps the change of perception has more to do with many teams' performance on the field, which has improved or diminished the 'perceived quality' of wins and losses.
For example, FSU has ZERO wins over a team with less than 3 losses and that is ranked in the AP Top 25, or above 22 in the CFP (22 Clemson & 24 Louisville). Miss St has one win over AP #16/CFP #14 Auburn (7-3), and ZERO wins over a team with less than 3 losses). 'Bama has one win over AP #4/CFP #4 Miss St. (9-1). ORE has 2 wins over ranked teams with less than 3 losses: #10/11 MSU and #11/9 UCLA. tOSU has wins over two ranked teams, one of which has less than 3 losses: MSU and UR/#25 Minn.
If you dig deeper into the teams that FSU and Miss St have beaten, their opponents that have winning records have done so against teams with losing records. Take FSU's "quality" wins: Clem, which has wins against teams with a combined W-L of 29-32: Louisville's wins are over opponents with a combined 30-43 record; and ND's wins were over teams with a 32-38 record. FSU's win over Miami stands alone as an opponent whose wins were against teams with a record over .500 (33-27).
As for tOSU's albatross, the loss to Va Tech. That dead fish is beginning to lose its odor. Va Tech is one of only 3 FBS teams to have beaten at least 2 ranked teams with less than 3 losses: tOSU and Duke. Only ORE and UCLA can also make that claim. With 2-8 Wake Forrest and 4-6 UVA remaining for the Hokies, it looks like Beamer and company may end up 7-5 ending the season on a 3-game winning streak (including a win over Duke) and bowl bound. That loss will still look bad no matter what, but it might as well have happened last season based on the Buckeye team that played in East Lansing and Twin Cities.
Baylor's problem is the exact opposite. The Mountaineers have KSU and ISU remaining, making them a good shot for ending 7-5 and losing 3 of their last 4, including a big road loss to middling Texas. Baylor's loss to WVU continues to get worse, and the best Baylor can do is win out vs. OkSt, TexTech and KSU. The irony is a win over OkSt will probably end the Pokes shot at being .500 and getting to a bowl, and by beating KSU, Baylor knocks the Wildcats out of the Top 25 leaving the Bears with a single win over a ranked team, and only 4 wins over .500 or better, bowl-bound teams (OU, TCU, UT and KSU).
I put the Buckeyes at #5 for now, and #3 after Miss St loses another game or fails to win its division/conference. An undefeated FSU is #4 at best based on their weak schedule.
Anyone notice the ACC has lost a lot of games to non-Power 5 teams (Akron, ECU and such). And, I think they're about .333 against Power 5 teams.