Point system:
P4 Win = +10 points
ND Win = +10 points
G5 Win = +9 points
FCS Win = +8 points
CCG Win = +5 points
P4 Loss = -5 points
ND Loss = -5 points
G5 Loss = -7 points
FCS Loss = -10 points
CCG Loss = 0 points
Final SOS in Top 25 = +5 points
Final SOS in Top 25 to Top 50 = +3 points
Final SOS in Top 51 to Top 75 = +1 point
Oregon
Georgia
Boise
Arizona State
Texas
Penn State
Notre Dame
Ohio State
Tennessee
Indiana
SMU
Clemson
Alabama (Out of CFP)
Miami (Out of CFP)
South Carolina (Snubbed)
Ole Miss (Snubbed)
BYU
Army
UNLV
This point system would yield rankings of:
This could use some tweaks, but it's reasonably fair. An undefeated P4 team should have the most points by far. No points are deducted from Penn State, SMU, Texas, or UNLV for losing their CCGs, but bonus points are awarded to Army, Boise, Oregon, Georgia, Clemson, and Arizona State for winning theirs.
I think it would also be cool and chaotic for teams who qualify for CFP to have the OPTION to swap places with any team that it won H2H series against (this year, that would have allowed:
Clemson to avoid Texas in Round 1 and travel to Happy Valley (assuming Ohio State didn't exercise its option against Penn State, in which case Clemson goes to Columbus)
Ohio State to move up to #6 and force Penn State to host Tennessee instead of SMU, setting up Tenn at Penn State and SMU at Ohio State
Ohio State to strategically move down to #10 (forfeiting home field) to visit South Bend, setting up Buckeyes at Domers and the Vols travel to Bloomington
Georgia could also (in theory, and it would make zero sense) sub in for #5 Texas or #9 Tennessee.
Coaches and ADs would get a certain number of hours to exercise or decline their swap options. This would create greater in-season incentives to win games, especially big OOC games like Ore-Boise, and in a CCG rematch (Tex/UGA and Boise/UNLV come to mind) a team that lost in the regular season could strip the winner of the swap option they'd won.
It would give the talking heads almost too much to discuss.