My first post was obviously joking, Utah would (will?) get killed with that schedule.
However, there will ultimately be a championship because 1) it is more money (there will likely be two BCS invites even with a championship game many years,) and 2) there is no way that the Big Ten and SEC allow Pac to have two BCS bids. Folks in the SEC take their football serious, and they're not likely to give an advantage to a bunch of left coast wannabes.