Since we're likely to never see a legitimate playoff format in Division 1 College Football, we're left with silly little widgets, like this one on espn.com. You can set up a bracket-style playoff based on the Top 16 BCS Rankings, the ESPN Power 16, ESPNU Allstate Top16, or customize your own. Unfortunately for Ole Miss and Vandy fans, it doesn't quite go that deep into the available pool of teams...
It appears to be completely random and offer no real insight as to why a particular team should win. I ran it through 3 times - one on each of the predetermined rankings - and came up with not only 3 different champions, but 6 unique title game participants as well.
- BCS Rankings: LSU defeated Ohio State
- ESPN Power 16: Georgia defeated Florida
- ESPNU Allstate 16: USC defeated Virginia Tech
So basically, if you're looking for something stupid on the internet to waste 10 minutes on, by all means, visit the link above. If you're looking for anything useful - even in the least - in making your bowl Selections for the College Bowl Mania game, you should seek assistance elsewhere.