As far as the gauntlet, it is what it is. All we have is history to go on. Since LSU committed to its football program in a way it never had before, it won 3 NCs in a span of 16 years. Okay, that's not winning MOST of the time, but then consider that only Alabama did better, and that may change when the coach responsible isn't there anymore.
The primary thing seems to be winning the division, then more often than not the rest is not some insurmountable task.
There's always Georgia waiting in the conference game. There's always Oklahoma and Ohio State and Clemson waiting beyond that. I don't think coaches look at that the same way we do. And even here in the ranks of fandom, even I've lost the will to pay attention to all the reasons the Marcus Spears and Greg McElroys of the world have for why LSU isn't in the same league as Georgia, Buckeyes, blah blah blah.
It's always a gauntlet. If you're the coach at PSU, you've got OSU, UM, and MSU to get through every year. If you do that you've STILL got Oklahoma, or Alabama, or Georgia, or whoever, waiting for you. I can't see how that's really any different.