Since I'm harping on the BCS, take a look at this ESPN tidbit about this years removal of the margin of victory factor from the computer formulas.

In 1999, Virginia Tech dominated a schedule that was weakened because regular opponents such as Miami, Syracuse and Virginia simultaneously had a "down" season. The Hokies won all their games by an average of 31 points, but still barely finished ahead of once-beaten Nebraska in the final BCS Rankings. Had seven of the eight computers not been considering margin of victory that season, there is a good chance Tech might never have gotten the opportunity to play in what turned out to be the most exciting of the BCS Championship Games to date.