Everybody needs to stop with this statement that the CFP doesn’t penalize losing in conference championship games. It’s not true. Last year, Penn St dropped 1 spot and SMU dropped 2 spots. Did it take either out of the playoff? No. But they did move each team down.
I’ll keep saying, the argument that should be considered is why 5 teams from the SEC should be getting in. Bama has not played real well in November and lost to FSU badly. OU is awful on offense. Miami/ND should be in and 4 should get in from the SEC. It’s still the most teams from any conference.