The reality of the situation right now (as in present day, so forget about preseason rankings and rankings before now), the Vols have only 1 win against a ranked opponent and haven't looked well in a number of games despite wins. The Arkansas loss hurts far more than the Georgia loss. What I keep reminding myself (that gets absolutely no consideration from the committees) is that the SEC teams cannibalize themselves because the conference is just that good. Not a person on God's green earth can convince me that if you moved Ohio State, Penn State, Indiana, Notre Dame, Boise State, and some of the other higher ranked teams into the SEC, they would all wear 2 or more losses and some of them might struggle to break even. That isn't hyperbole. That is fact. And for this reason, we legit have SEC teams that cannot "make the grade" to get into the playoff picture because they carry 2-4 losses against the lesser conferences carrying 0-1.
That is my opinion.