FWIW:
I'm completely in agreement with the general feeling here against the expanded CFP. I was against expanding from two (BCS) to four (2014-2023 CFP). I KNEW they would expand from there but I hoped that they would stop at eight. I think eight would have been plenty. When they went to 12, I assumed that 16 was inevitable.
A long time ago
@ELA mentioned playing backyard FB as a kid in Michigan and everyone running inside to watch a game because Ohio State was down late to Indiana (IIRC). That is one of the things that I always LOVED about CFB. Every game had a "playoff" level intensity to it because any random loss could quash your NC dreams.
We all remember tuning in to a game because a highly ranked team was on the ropes. We watched because if Texas lost to TxTech or if Bama lost to Vandy or if Ohio State lost to Indiana or if Michigan lost to Minnesota it was a BIG DEAL. Now, who cares.
When Ohio State lost to Michigan in 2024 it sucked but I also immediately thought "well, they have four games to make up for it" and THEY DID. That is great, but it also takes a lot of the intensity away from that Michigan game because a loss isn't THE END, it is just a loss in that game.
When I reviewed how the 16 team proposal would have worked out for the 2024 season I noticed something:
Ohio State went into The Game in 2024 at 10-1 and #2. With the loss they still made the CFP and even hosted a first round game. In a 16 team model with 3rd and 4th place games in the B1G and SEC Ohio State might have made the playoff even if they had lost to Michigan AND lost the 4th place game to IA/IL. The contenders for the last CFP at-large spot would have been 10-2 BYU, the losers of the SEC 3rd and 4th place games (both 9-4) and 10-3 Ohio State.