No, the problem being that if you take a 16 team conference and divide it into 2 divisions of 8, you immediately have 7 games locked in every year. If you only play 8 conference games, you'd play a home and home with each school in the opposite division every 16 years. So what's the point of even having the two divisions be a conference.
So instead of 2 divisions of 8, you have 4 pods of 4, then the pods are split 2 and 2 to make divisions. That way you play all 7 teams in your division, but you are only locked into the 3 teams in your pod, with the other 4 division games rotating.
It's a way to make a 16 team conference work, and still see the other schools more than twice every 16 years.
but you're still locking in all 8 teams in divisions to 7 games. no different than now.
i say don't lock together any of the 4 division. you don't need to.
4 conferences 16 team conf.
4 div of 4 teams each.
9 conf games. 3 ooc games.
play every team in conf at least 1 every 4 years.
3 games - play all 3 teams in your division.
3 games - have 1 lock game from each other div (preserves split rivals if need, can scrap if not needed)
3 games - rotate other 3 teams from each other div annually.
(can drop the locked cross-div games and do 6 div crossover games, 2 from each div, and play everyone in conf every other year.)
3 games - play 1 team from each of the 3 other conferences.
add 1 game to schedule, conf tourney rd 1. rotate the div vs each other (div a vs b, c vs d year 1, a vs c, b vs d year 2, etc.)
then conf title game.
then each conf champ goes to rd 1 of cfb playoff.