College Football's New Playoff System
Throughout its existence the BCS has created more questions then it has solved answers. An alternative has been created by yours truly and its called Winter Madness! The new system is inspired by the current BCS system, College Basketballs playoff system and Division I-AA's current playoff system. The playoff is set up for 16 teams and a guaranteed invite will be given to all 11 Division I-A conference champions. The other five bids would be given to the top teams ranked according to the current BCS system.
To be fair to every conference the playoff is set up so that no more then two teams per conference can receive a bid to the playoff. 
I've figured that the top two teams from each conference would be the top qualified and no one really wants to see four SEC teams make it in every year. For everyone that is automatically tossing this out the window take note that Division I-AA currently has a 16 team playoff set up. Some people might also argue every conference doesn't have a championship game to determine their numero uno. In those cases each conference is given the right to determine in which ever way suits them who is given their bid to the playoff. That can be through complicated tie breakers or as real conferences like to handle it, on the field.
For increased hype the Fiesta, Orange, Rose and Sugar bowls are given their own division. 
The winners of the the major bowl games would then move on to a final four where they would battle it out to play for the National Championship game. The National Championship game will rotate around the four major bowl games each year, a concept taken from the added BCS National Championship game. To include other bowls the sweet sixteen game and final four are played by alternating bowl games each year.
For your enjoyment I've included the teams that would have been in this playoff system last year. Next week I will simulate how the playoff would have turned out last year and crown the Winter Madness National Champion! Feel free to leave your comments as to who you think should advance all the way to the final game.
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Western Conference
Rose Bowl Division
Big 10 Champion -Ohio State
vs. (Played at a rotating Bowl Game)
MWC Champion - BYU
Winner of the above Sweet 16 game
vs. (Played at the Rose Bowl)
Winner of the below Sweet 16 game
PAC 10 Champion - USC
vs. (Played at a rotating Bowl Game)
At large opponent - Michigan
Fiesta Bowl Division
Big 12 Champion - Oklahoma
vs. (Played at a rotating Bowl Game)
WAC Champion - Boise State
Winner of the above Sweet 16 game
vs. (Played at the Fiesta Bowl)
Winner of the below Sweet 16 game
MAC Champion - Central Michigan
vs. (Played at a rotating Bowl Game)
At large opponent - Notre Dame
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Eastern Conference
Orange Bowl Division
Big East Champion - Louisville
vs. (Played at a rotating Bowl Game)
At large opponent - West Virginia
Winner of the above Sweet 16 game
vs. (Played at the Orange Bowl)
Winner of the below Sweet 16 game
ACC Champion - Wake Forest
vs. (Played at a rotating Bowl Game)
At large opponent - Virginia Tech
Sugar Bowl Division
SEC Champion - Florida
vs. (Played at a rotating Bowl Game)
Conference USA Champion - Houston
Winner of the above Sweet 16 game
vs. (Played at the Sugar Bowl)
Winner of the below Sweet 16 game
Southern Belt Champion - Troy
vs. (Played at a rotating Bowl Game)
At large opponent - LSU
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Final Four
Winner of the Rose Bowl Division
vs. (Played at a rotating Bowl Game)
Winner of the Fiesta Bowl Division
Western Conference Champion
vs. (Fiesta, Orange, Rose or Sugar Bowl)
Eastern Conference Champion
Winner of the Orange Bowl Division
vs. (Played at a rotating Bowl Game)
Winner of the Sugar Bowl division
Above photos and images are courtesy of http://www.nonbot.com, http://www.home-team-sports.com/
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For increased hype the Fiesta, Orange, Rose and Sugar bowls are given their own division. The winners of the the major bowl games would then move on to a final four where they would battle it out to play for the National Championship game super
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