All P5 Champions + Top G5 Champion + 2 At-large = 8 Team Playoff.

This way the conferences are determining who plays for the title and if a team has a gripe they can bring it up with their own conference. The committee would really only be selecting two teams (that failed to win their conferences) and putting together the seeds. If a team doesn't get in, its their own fault and not the committee's.

1-Alabama
8-Western Michigan

4-Penn State
5-Washington

3-Clemson
6-Michigan

2-Ohio State
7-Oklahoma