Leave it to the playoff talk to push a long time reader to make his first comment. (Love what you guys are doing with the site.)
I love the idea of southern teams coming up north to play. If you don't want the top seeded schools to host, I wouldn't mind if NYC and Chicago were in the site rotation. I can already see Wisconsin fans spelling out 'Deal With It' in the stadium if they make it one year.
Why can't the Rose or Sugar bowl (or other BCS bowls) be the semi-final games? Seems like you can have your bowls and playoffs at the same time that way. Old money's happy because they keep their cash cows in place; fans are happy to have a playoff.
I'm also surprised the 8 team playoff idea hasn't gotten any love yet in the comments. 5 or 6 BCS conference champions + 2 or 3 at large bids. Most teams could lose one game max to be in the picture in most years.