Looks like a plus one model playoff will be in effect for the 2011 season. This is probably the most effective model since there aren't very many #5 and #6 ranked teams that can make a legit claim at deserving a national title shot.
I'm sure they'll be some people that still get left out, but this is a much better plan than what we have now, it just sucks that we have to wait until 2011 to get it.