Oh and be careful what you wish for. The College Football Regular season is the best regular season in sports because almost every game is a playoff game.
That will be lost for good with 8 teams and you open it up to 3 loss teams if you got to 16 which is currently UCLA. My prediction is that is where they go. And the Football Regular season becomes much more like the basketball regular season - almost a worthless watch since no matter what happens you get the same 10 teams most years and a rotation of 25 others to round out the field.
On the plus side it will finally kill the bowls.