Agreed. The issue was never the BCS formula, it was the two team format.People that were dumb didn't like the BCS based on something that the BCS system couldn't control - there were only two teams. All the BCS hate really got cranked up when Auburn, USC and Oklahoma were all undefeated, and somebody got left out. Basically a bunch of dimwits in sports media were complaining about Auburn getting left out and saying that they didn't need some compooder tellin them who was the best. So basically they thought a committee was going to magically figure out a way for three teams to play in one game.
The best example of how superior a BCS type system is to committees was the the 2007 national championship game. The consensus based on the "eyeball test" was that after Michigan and Ohio State played that they were clearly the two best teams, and by a tiny margin Florida beat out Michigan. Then they went on to completely overwhelm Ohio State. In fact, the only saving grace was some people voting in the polls still believing OSU and Michigan were the best two teams, but that their game they had just played was a defacto playoff/NC game, so a rematch would not be fair to OSU. Ohio State was completely overmatched by Florida.
A BCS system with at least a 4 team playoff would be far and away the best ever system in CFB.
Pick a system to use. Show how the formula works. Then shut the hell up and let the ranking system do its thing.
I say we go to something like auto bids for P5 winners, then highest rated by BCS formula to fill out the at large. Then you could use the BCS rankings for full seeding. Get rid of the committees and the eye test and the 13th data point nonsense that comes with all the people and politics.