So what y'all are saying is that there is absolutely no way UCF is making the playoff.
**shrug**
That's the problem.... You guys are admitting that FBS is 130 teams, but the playoff is only open to 65 of those teams. There is no way the "Elite" power-5 teams touch a team like UCF or Boise. And this is before we chat about "Home and Home" arrangements. So they schedule a "2nd tier" Power-5 team. And then they discredit that team when they beat them (see Pitt this year). It's a circular argument that the non-Power5 teams can never win.
The only hope I can see is that a team like UCF schedules a team like Kentucky to start the season and beat them. Kentucky the goes ape poopy running through the SEC, going undefeated in the SEC all the way to the title game. And even then, I'm sure Kentucky will be placed ahead of UCF because "They played the harder conference schedule".
Just call it a "Power-5 Champion" and be done with it....
Edit: This applies to any and all small conference teams. The system is against them in all facets.