I agree, they look meaningless to "us", but they are good for most programs. The number of players sitting out will get interesting. I bet many of "us" here watch at least some of the Puhlan Weedeater Bowl because we're addicted to CFB and nothing else is on.
For some programs, making a bowl game is a thing for them, a nice trip, some swag, some parties, practicing, etc. Take the Citrus Bowl, USCe vs Illinois, two programs not always in the mix for a bowl, both did better than expected this year. USCe had one bad loss to Ole Miss and two very close losses.