Last season this was a fan favorite on the site. I used Dan Wetzel's 16 team bracket as a template and put up a vote on the site with the winner advancing, which I am using again this year. Last year the winner was Virginia Tech who avenged their loss to Alabama from week one of the 2009 college football season.
I also use What If Sports to provide a back drop or what their projected outcome with be. The bracket is below. Look for the voting start very soon.
Now enjoy (or scream the hate) at how awesome a playoff would be.
UPDATE: Boise State will take the place of LSU because there was an error in the computer rankings. I'll make an updated bracket later.