And it sounds to me that, finally, the entire system may be falling apart... (CFP/Bowls)

It's about 15 minutes after the most bullshit CFP reveal, and, already, there are five pieces of news coming from it.

1. Alabama gets rim-jobbed to #9, even though they got completely blown out by Georgia.  I get that the counter-argument is "why play the conference championship game at that point", but the fact is you wouldn't do that if it weren't a blueblood like Alabama.  There was even talk that completely doing this could end the concept of conference championship games.
2. The committee puts Miami in at #10, even though the conference was won by an 8-5 Duke team which will be nowhere near the tournament.  This should, in the spirit of all the years Boise State never got a BCS title shot, disqualify all teams from the ACC.  The ACC is teetering off the cliff of being "Power 4" (more like Power 3 at this point!), and the fact that a substandard team won the conference should reflect on the rest of the conference vis-a-vis CFP bids.  Another preference to the bluebloods.
3. This removes Notre Dame, and Texas (below even BYU) from the tournament.  I have no issue with James Madison (a second Go5 conference champion) getting in -- that is the rules of the situation.  I have issue with Alabama getting in because of their blowout loss to Georgia, and I have issue with any ACC team getting in.  That would mean Texas and probably BYU at that point, since Miami beat Notre Dame.  (It does appear that Miami got in because of the HTH win over Notre Dame, which makes sense.
4. But this out of the Big XII.  Iowa State AND Kansas State have both refused their bowl bids already.
5. And, hence, both teams have been fined $500,000 by the conference themselves.  This is going to seriously gunk up the situation, and may create a situation where more teams might refuse.  There's already word Auburn may also refuse.