NCAA Needs a Playoff System

LSU vs Alabama for the NCAA Championship?   I've seen it already, LSU won, in Alabama no less.  Why should LSU need to beat them twice?  Why not LSU vs Oklahoma State?  This is just one of the myriad of reasons that the NCAA needs to scrap their current system of picking a national champion and going with a playoff system.  Let's see things play out on the field not in the rankings.

Here's my proposal.
Take the winners of the 6 major conferences + 2 wildcard teams (1 of those teams being the highest rated teams that didn't win their conference championship & 1 of those team being the highest rated team outside of those 6 conferences).  That would give us an 8 team playoff.  They could then seed those 8 teams based upon the BCS rankings.  They could incorporate the bowls into the playoff too (they could rotate the bowls around every year too).  You wouldn't necessarily get the 8 best teams but everyone would have the opportunity to qualify by winning their conference championship, if they can't win their conference championship they really shouldn't have room to complain about being left out.  

So this year it would play out like this:

Round 1
SUGAR BOWL:   #1 LSU (SEC Champion)  vs #8 West Virginia (Big East Champion)
FIESTA BOWL:  #2 Alabama (Wildcard #1) vs  #7 Clemson (ACC Champion)
COTTON BOWL:  #3 Oklahoma State (Big 12 Champion) vs #6 Wisconsin (Big 10 Champion)
OUTBACK BOWL:  #4 Boise State (Wildcard #2) vs #5 Oregon (PAC 12 Champion)

Round 2
ROSE BOWL:  Sugar Bowl winner vs Outback Bowl winner
ORANGE BOWL:  Fiesta Bowl winner vs Cotton Bowl winner

BCS Championship Game
Rose Bowl winner vs Orange Bowl winner.