I'm probably down on OU more than most because of their lack of defense. But if they have a few games like the 2nd half vs Baylor, that would change. That being said, I probably downgrade Baylor and Minnesota more than most, because of their overall talent levels. They're not as high as the top 10 helmet programs' are. That may seem like a slight, but it's actually just complimenting their coaching and systems in place.
I'm probably higher on Utah. I just think they're good, and they're the only top team I can think of that has a true, physiological advantage at home (elevation). That wouldn't matter in a playoff, but it can matter now. I think Washington is better than their record, and they show up on here.
The most interesting thing to me this year is Alabama and LSU joining the ranks of the wide-open offense - forgoing their uniqueness of having better players and knocking you over the head with them. Their defenses have suffered, which was inevitable, but just as you couldn't simply man-up and beat them their way, they're now scheming like most everyone else, but with their stacked rosters. I doubt Saban is enjoying it, but he did it, so he has to live with it.