That is the meaning of Utah v. Mich, to me. I don't doubt Utah can beat any team that gives up points, because I believe Utah's defense is going to limit opponent scoring. With a healthy Travis Wilson, at least, Utah can score enough points to beat a team with a very good defense.
Now that I am thinking along those lines, what/who is the best offense Utah has played? We assumed Oregon, but they look to be average-to-bad in all phases of football, IMO. Dangerous because of a few great skill players, but overall not an impressive team.