(08-29-2019 11:21 PM)McKinney Wrote: Another need it meets is the preservation of the regular season and the importance of conferences. The talk becomes less of "how will this win/loss impact the CFP committee's view?" and more about conference standings.
I'm not sure conferences need 5-1-2 to remain important. Conferences have been important for 100 years, and yet never has there been a system that guaranteed any conference champion a spot in a playoff. Conferences have gotten along fine without that.
In any event, I don't think you need to have automatic qualification for conference champs for conferences to remain important. For example, in the current CFP, where by definition a P5 champ has to be left out of the playoffs every year, it has nevertheless been the case that 17 of the 20 teams that have made the playoffs have been P5 champs.
Even under the 4-team CFP, being a P5 champ has been a very strong predictor of making the playoffs. If you have won a P5 conference the past 5 years, you have had a 68% chance to make the playoffs, even though mathematically, at least 20% of all P5 champs must miss the playoffs every year and with no auto-bids for the other four.
In contrast, as there are 64 teams in the P5, and only 2 non-champs have made the CFP playoffs, that means that if you are a P5 team and did not win your conference these past 5 years, your chance to make the playoffs has been less than 1%.
68% compared to less than 1% is a pretty big spread, so I would say that under the CFP winning a P5 conference championship has been extremely important.
And in an 8-team playoff that would surely strengthen even more even without auto-bids.