This nails it. Everyone here is letting their Bama hatred dictate how they feel about this, but as you said if it was us and SMU, we would be screaming about the creampuff schedule that SMU played.
The "committee" is playing a dangerous game if they do indeed kick out a team that was in the playoff and actually ranked higher before losing a CCG. I think Alabama is the better team, but the precedent they set will create a situation where teams won't want to play in CCG's if there's a risk of dropping out of the playoff field with a loss.
The bottom line is that the Big 10 has four teams in, and Sankey damn well wants four teams as well, and Alabama is a team that draws ratings and will create a more attractive matchup at Notre Dame, if it falls that way. This is a business first and foremost, and there has been an enormous investment in this playoff venture. The "committee" will find a way to rationalize it, and I would be stunned if they left Bama out.