You're going to give Notre Dame or BYU an automatic spot ?
ANd 5 conferences only get 1 spot? They'll love that.
I dont like it because in the case of this season you would have the team that won the BCS Championship left out for teams such as Clemson, West Virginia, whoever you sent as an independent, and a rep from the lesser conferences. And it is not just Bama that is obviously better than some of the "champions" or the "wild card" team.
That's what would make getting to the conference championship AND winning it more important to college teams than putting powder puff "Sisters of the Poor" colleges on your schedule. It'll make it more important to beat the teams in your division than to beat Georgia Southern or Appalachian State.
There were plenty of teams with a better record than the Denver Broncos who didn't make the playoffs. If you want into the National Championship playoffs,win your division & the conference championship. The real headache will be choosing the best Independent & lesser conference representative for the playoffs. The ideal solution is to reduce down from 12 Conferences/Independents to 8 Conferences & no independents.