personally, I think this sucks. FSU did everything they could have to get in. TX and AL both lost a game. To me, this does three things: it invalidates the regular season, it invalidates W/L as the primary reason to keep a team in/out of the playoff, it moves the decision to a "committee". If you've never seen Leach's response on committees, it is worth your time because it is so true.
Personally, because we are going to 12 next year, there is no accountability for the committee. If someone asks "why keep FSU out", there is no answer other than to start with "we think....". Keeping TX or AL out and asked why, the answer begins with "because they lost....".
Lastly, who knows what "connections" may have been leveraged by AL or TX to get them in? It wouldn't surprise me in the least that many phone calls and promises were made.