I think that any plan like that would have to include an at-large playoff bid for programs that are not in the superconferences.
Not to mention that certain conferences/divisions would be crappier/better than others and would demand at-large berths.
Not that I think BITB's plan has any chance, I don't, but a 12 team playoff is the best option.
If you take his 8 division winners and add in 4 at large however you want to figure that.
Seed them 1-12 anyway you want, (computer, poll, committee, etc....). Then give teams 1 to 4 1st round byes.
Teams 5 to 8 host a 1st round game for teams 9 to 12. Winners go play at teams 1 to 4 who host a second round game.
Play these games the 1st 2 weeks of December. This leaves you 4 teams to play in a 2 games + 1 game format at neutral sites in January.
The remaining 8 teams can be thrown back into the meaningless bowl schedule with everyone else.
Nobody outside the top 10 is probably denied a chance at the tourney and we get a march madness type national champion and bowl teams still get to practice through December.