I liked that they opened up the bowl system because a lot of good teams didn't go at all because of the no repeat rule.
The first Rose Bowl was an exhibition game attached to the Tournament of Roses parade and it obviously expanded from that, so it wasn't designed as a Southern institution.
I know the proposed system and I think it's going to suck even more of the fun out of the post season. However, if you're going to essentially dismantle the bowl system and have a playoff, make it a real playoff and give home field advantage. To be clear, I don't want any kind of playoff system but the way they want to do it still doesn't give the top teams any advantage at all, just the middle of the pack teams, which makes no sense.
That said, both playoff games were extremely close, so the committee did their job.
I am watching the Rose Bowl right now and frankly, I wish Michigan was playing in it. It seems way more like a college game than that tension-packed Fiesta Bowl, which barely functioned as a bowl at all.