I agree with the idea something has not been quite right on this variation of the college football playoff. It's seemed a bit off despite two quality semifinal games.
Causes: (1) For me, maybe its because of MT's poor football season this past year. (2) Perhaps I've become more jaded/sour about NIL and what transfer portals have become: think that process needs adjustment and that is entirely another discussion. (3) The playoff season is creeping deeper and deeper into January well beyond New Years and College Basketball comes into focus. (4) FCS and lower NCAA divisions seem to do a more credible job of actually crowning a champion in football, which I'm not so sure this CFP format really does even though Ohio State and Notre Dame have earned the right to be there. (5) Secondary and tertiary level bowls seem more obscure than before even though they are televised...fan engagement? news stories? matchups? think it's a mix of all that.
Solution: A 16-team playoff that guarantees all conference champions a place. The remaining at-large CFP teams should be selected on metrics similar to old BCS model. To me, conference championships should be valued at a premium. Strength of schedule should matter significantly as well. The ticket should be knowing the need to win your conference convincingly, which will determine that team's seeding. Additionally, they will also have to be some contingency consideration on the Army/Navy game, should Army/Navy finish undefeated or with 1 loss, on how that formulates. Had Army completed an undefeated slate prior to Navy, it would have been a harder call as an at large. But, winning the conference would have likely locked-in the #12 spot this year as an automatic qualified under these playoff formats.