I believe the 5 conference champions should all be in with 3 at large. It's the only fair way.
So if Virginia would have beaten Clemson last night they should make an 8 team playoff? No, just no. Dont give every conference a medal. All for an 8 team playoff. But take the 8 best teams. If Virginia won last night they still would not be one of the 8 best teams in the country.