Pretty sure I will love the crap out of 16 team leagues, playoffs, etc. Is it best for the conference? Probably not. But the games are going to be glorious.
No, they would not. What I have seen proposed is 4 team pods, where you play 3 games against your pod, and then 6 games against the other pods in your conference. Then you would get 2 out of conference games, which would essentially be preseason NFL games, because who even cares if you win those? They don't count. Then look at what some of these pods are going to look like.
KSU-KU-ISU-Louisville seems to be the most likely for us. There would also be shitty pods like Indiana-Purdue-Iowa-Northwestern.
You just can't have balance without losing rivalry games, and I hate systems where you play a cross-pod rival even more because that just makes the schedule even more unbalanced every year. Power programs will group themselves with lucrative matchups, leaving low-value programs grouped together. This will ensure that several shitty teams make the playoff. Not to mention, you completely cut out mid-major programs.
I would just stop watching. It would be horrible.