to remove as much of the committee’s subjectivity as possible. Establish a point ranking system made up of W/L, home/away game location, FBS opponents only, or whatever. Then apply a physical “conference value component or weighting.” Meaning rank the conferences each season based upon that season’s 1st ten games. Hopefully this would force the committee into realizing not all w/l’s are created equal. It would eliminate a 17th ranked team, which obviously doesn’t belong in the top 12, just because they play in a bad conference. Throwing out D-2 games would eliminate consideration meaning one less game counts toward a total ranking value. This would pull down, say, an Indiana for a pathetically weak schedule.
Just my O2 with endless possibilities so feel free to chime in or bash away.