Were you around during the era when people would hook up several TV sets on New Year's Day so they could watch all the big bowl games without having to switch channels and/or miss big plays? Before the BCS-era, we didn't often get a 1 vs 2 matchup, but it seemed like there was more than one big bowl game. While I like having the top two teams play for it all -- and the big important people really like the the cash it brings (the sole reason for the BCS, as you know), it's diminshed all the other bowl games to the point where the Orange, Sugar, Rose, and Fiesta (poor old Cotton Bowl used to be up there, too) are merely consolation games. Regardless of what you might think about the current system, the idea that everything past the BCSCG should be considered just another bowl game is sad to me. The old New Year's Day bowls used to mean something, even if there wasn't a title on the line.
I like good college football games. Even when the number of small bowls became ridiculously silly, we could still hope to see traditional powers meet in the big name bowls. There's no reason we can't have a 1 vs 2 and some really good games to watch -- games that we looked forward to seeing, even if they didn't live up to the billing (something that can happen to the BCSCG, too). The current system seems to work against that idea. If you don't care, that's OK. However, it makes a difference to me. The Orange Bowl should not have NIU playing FSU. I realized just how much I hated that part of the system when Alabama ended up playing Utah in the Sugar Bowl. Even had we won, so what? It was Utah. I would rather have seen us play a traditional power, even if their record wasn't quite as good. Maybe everyone else has moved past the days of having big names meet in several of the formally-important bowl games. I haven't and won't apologize for missing that part of the old days.
Why do many Alabama fans hate Notre Dame and Texas so much? Mostly because of old game results. If we had been ranked #6 or #7, wouldn't you like to see us play Oklahoma, Texas, or another traditional power (just examples)? We used to have several games like that during the important bowls. It seemed to be a popular thing.
You're right, though. There is only one important bowl game now. The rest don't really matter -- it doesn't make much of a difference who plays who. I find that to be an unnecessary loss for the college football fan who cares less about betting in a bowl pool involving a bunch of 6-6 teams than the prospect of watching a game between traditionally great teams and non-conference rivalries. Can't there be a middle ground where we still have a title game along with some system that gives us better major bowl games (the ones that don't seem to matter anymore) than what we're getting now?