The Fiesta mattered when it hosted 1 vs 2 for the '86 NC. Then, yes, when the BCS began, it relegated the Cotton to 2nd-tier. The Cotton hadn't mattered since then, until being included in the NY6. Now it's still a rung below the others, along with the Peach. While the Peach has ascended to its current status, the Cotton fell to its.
The Fiesta is like Florida, FSU, and Miami when helmet status conversations come up. It has it all, except history.
.
All that being said, the Rose, Sugar, and Orange are the big 3.