Re: Bowl Projection based on a CU vs. UW PAC 12 title game:
That's a good analysis. Personally, I think scenario (2) would be total BS. I get that the playoff committee tries to select the best teams regardless of conference titles, but I think the New Years Day bowls should still be tied to conference record. If we are the runners up to the Pac 12 Championship, and the North Division winner goes to the playoffs, we should absolutely be in the Rose Bowl.
I know you're not advocating for any outcome, and I agree with your projections. Just stating a personal opinion.