I didn't say whether it was wrong or right, but being the 'conference champion' just means less in and of itself other than securing the precious, all important playoff bye. Read the comments in this thread. It isn't about the pride of being a conference champ, but instead the better seed and the playoff bye. And given the fact that almost half the conference aren't traditional SEC opponents, it makes sense, I guess.
Think about it - if UT won the SEC and got a bye, and then lost in their first playoff game, what will be the feeling in VolNation? Hey, we were conference champs? No, it will be the usual calling for the coach's head and ripping the recruiting, the failure to land talent in the portal, etc., etc. It's all about 'bragging rights' and trash talk now, so imagine going to your UGa or Bama buddies or work associates and bragging about being SEC champs. That ought to end up well.
It will probably never happen because of the differences in media payouts between conferences, but the ideal solution in this 'only the playoff matters' world that CFB has become is actually to have four 16-team regional divisions, with the top four in each 'division' having a playoff to determine the 'division champs', and then a 'Final Four' to play for the national title. You don't waste a week on meaningless conference championship games, it is the same four extra games for the teams that get to the final game, and you give 16 schools a 'chance' in a playoff. Let's just go all-in trying to be the NFL.
The idea makes me feel ill, but it seems to be where this whole mess is leading.