Unless Texas gets blown out, they should not fall below Penn St. Although, I know there is an emotional sentiment by the media to put Jo Pa on a pedestal. Squeeking by an underachieving FSU that didn't really deserve to be in a BCS game is not much of an accomplishment. (I know the BCS rules so when I say, "deserve", I mean that there are better teams - that did not win their conference - that weren't in this game.) Also, unless I'm totally off, I don't think PSU played Ohio St. Which means their best victory of the year was over FSU? Northwestern? Michigan St.?
But, like I said, if TX gets blown out then I don't have a problem with PSU jumping TX.