I know, I can hear it already. Who cares about the NIT tournament or the CBwhatever that Utah played in. But toy with this idea with me for a minute. What if the non-cartel conferences aligned and put together their own play-off of sorts.
(In all honesty, the more I type, the lamer this sounds, but what the heck, it's the off-season and I'm ticked off at the monopoly that is the BcS)
C-USA, MAC, MWC, WAC, & SunBelt are the conferences to seed from. Also, include Army, Navy, Western Kentucky and Notre Dame (They wouldn't qualify lately though

)
Decide how many teams. Decide on what basis they are ranked (record, sos, ranking, etc)
Choose which bowl games are the best with which these conferences already have ties.
Then decide when to hold the tourney.
Like I said, it may sound lame but there are still sponsers not in the BcS mess that may be willing to come on board and help make it happen. Oh, and so we're not accused by the BcS of being exclusive we MAY allow a qualifying BcS team that didn't make the BcS games to play in one of our games (ie. Missouri last season, BC, etc.) but they would have to take a significant payout cut in order to play in "our" games!
Go Cougs!!!