re: This is why a 16 team playoff like every other NCAA Division would rock

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The interest in college football (FBS) is partially because it is (or was) different from the NFL and other sports.

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That has very little to do with it. College football has been around in some form or fashion since 1869. It predates the NFL by over 50 years. Major college football is popular because of the tradition, the pageantry, and the fact that a lot of people see their state school as a representative of their state as a whole in the world of sports. A lot of state pride is involved. When Alabama wins a national championship, rightly or wrongly, a good many people in the state of Alabama believe they have somehow been made better or vindicated by their school's football team.

All of that tradition, pageantry, and pride will remain whether the national champion is chosen by voters at the end of the season, by a round robin national championship game, or by a 4-16 team tournament.