re: Would you prefer the selection committee have concrete qualifiers or not?

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Ok, then how long until there's zero confidence in the system and it's scrapped for something else? Without some notion of precedents there can't be long term stability, that's exactly what killed the BCS.

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Not really.

At first there was a call for a +1 game, so that happened, then there was basically a call for an additional game added between the top teams then a +1 after those games, which is what is happening and they are calling it a "play off".

The system is basically the same, it is a money making machine that will not be scrapped, same reason why the bowls are remaining in place, they make money.

The precedent is in basketball. Since the modern era when the tourney first expanded to 32 teams to take at-large bids, from there it expanded to take all conference tourney champs and will keep expanding as long as interest remains in the sport as it even at 115 or so teams making post season play between the NCAAs, NIT, CBI, and CIT, that is still a 1/3 of all teams while football is moving closer to 60% of teams making post season play.

If the non-power conference schools are able to split away from the FBS, but stay above the FCS creating their own little division, you will see the format change, if the trend to create "super conferences" increase you will see the format change.

If 16 team conferences come into play you will see the format expand the play offs to conference champs and at large bids to fill out a 8-16 team bracket, if this was to occur you would see 4-8 lower tier bowls disappear if enough qualifiers failed to occur on an annual basis.