That's my (ASU fan) issue with this.
What's important? Is it SOS, which can kind of turn into a circle jerk? SOR? Is it good wins? Is it acceptable losses?
Here's my take. ASU is the 4th seed and has a bye. ASU is not the 4th best team in the country. The #1 and #2 positions were dead on accurate. Oregon, Georgia, easy. Won their conference, bunch of good wins, etc. On the otherhand, ASU would have been the 12 seed as a conference champion with two top 25 wins to Texas's 0, Penn State's 1 (Illinois, 9-3), Notre Dame's 1 (Army, wouldn't be ranked now), Indiana and SMU's 0's, etc.
Like why **** us? ASU went 11-2, won its conference, has two top 25 wins. Both of those games featured 3+ score leads, though they let BYU make it look close with weird cutesy clock management at the end. And BYU had a pretty good resume. Just lost late.
It's not our fault Oklahoma State beat Arkansas, then packed it up and quit. Or that Utah forgot to develop a QB.
The reason I'm okay with autobyes right now is I don't trust the transparency of the committee to tell us what's important, because it's probably going to be code for "Shut up and let us get this big fanbase in." If they'll just tell us the rules, cool. BCS would have had us at 10 and, while I'd have hoped for higher, I can at least live with that.