Pac 12 is more than suspect this year. They are actually horrible. 7 of 12 with .500 records or better. ACC (10/14) Big12 (6/10) Big10(9/14) SEC(10/14)
There is some national momentum that they should be in the championship. All that good will reverse and then some if Oregon wins. If Utah does win, they likely get rolled by LSU which is what everyone would expect. Not too much damage to their reputation.
The objective football side of me is how I look at this. Plus, I don't live it Utah so it makes life so much better at times like these.