I still believe the right number is 6! 1 & 2 seed get a bye in first round (kind of a reward for finishing 1 & 2). Start plugging team in that formula and you have IMO:
1. Fl State - Bye (plays winner of 4 vs 5)
2. Auburn - Bye (plays winner of 3 vs 6)
#6 Baylor at #3 Alabama
#5 Stanford at #4 Stanford
all major conference champions plus the best overall team included.
I know it wouldnt work that great every year but I think four is not enough and 8 is too many. Plus I like the 1 & 2 seed reward of a bye week.
Stanford is pretty good, but not good enough to play themselves, I don't think.
I will put my money on Stanford that game.
Its been a long day. I would probably still pick the wrong one in the pick em though.