1. Alabama
2. Oregon
3. Ohio State
4. Texas A&M
5. Georgia
6. Stanford
7. South Carolina
8. Clemson
9. Florida State
10. Louisville (schedule is too weak to warrant a higher ranking)
You may be right, though I don't put a ton of stock into bowl games. Baylor, OKstate, and UCLA all finished with similar records, just wanted to choose someone random.