I have been a proponent of this, however, there are two issues. 1) Too many "power" conference teams to go into 4 sixteen team conferences evenly. Some Big 12 schools would get kicked to mid majors. 2) mid majors are completely shut out of all possibility of playing in the playoff. Even if they are all but shut out now, there is always a chance for a Utah or Boise to make it. Today's completely fun and complete waste of time - I Limited FBS to 128 teams (there are currently 130). Made eight 16 team conferences. Each conference has two 8 team divisions. Each regular season schedule consists of 11 games. The 7 teams in your division and 4 cross division games. If you finish in the top 4 of your division in a given year, you play each of the top 4 teams in the cross division next year, bottom 4 you play bottom 4. Conference championship game becomes first round of what is now a 16 team playoff. 8 conference champions then get seeded. An example Wisconsin schedule: Division games (7) Minnesota, Iowa, Northwestern, (and then team such as) No. Ill, Ball St. Toledo, Bowling Green. Cross Division games 4) Michigan, Michigan State, Notre Dame, Western Michigan. Your 8 conference champions could look like this: Clemson (over Miami) Auburn (Over LSU), Wisconsin (Over Notre Dame), Washington (over Iowa St), Ohio State (Over Penn State), USC (over Stanford), Oklahoma (over TCU), Virgina Tech (over Missouri)