Originally Posted by MWM
The BCS is a joke and I've never a single argument as to why a playoff wouldn't be preferable.
Like many things, in life...money.
Bowl games are big money for conferences, especially the power conferences who send a large number of teams to bowl games. Even schools that don't field a winning team can make money off bowl games as the winnings are dispersed to the various conference members.
Further, the bowls are big business for the cities who host these games, adding to the tourism revenue as well as providing another date for various stadiums, many of which are operated by city and county governments. It'd be difficult for a playoff to replicate the windfall that many bowls recieve when major programs with marginal records (like, say, Michigan this year) and their fans travel to bowl games, especially with the prospect of teams playing multiple games and the difficulty of getting fans to travel to neutral sites for consecutive games.
The only "playoff" I see happening in the near future is, potentially, the BCS transforming into a "Finals" concept, with 6 teams making the tournament and the 5 BCS bowls being used as the various 'rounds' (Top 2 teams get byes) and then doing 2 game (3 v. 6, 4 v 5) , 2 game (1 v. lowest seed, 2 v. other), 1 game format (winner v. winner for national title). This system would retain the other bowls in the traditional format while also ensuring, at the very least, that no "3rd Wheel" undefeated team gets left out of the national title picture.
But, the bowls are here to stay forever, I fear.