Don't care. I want a system where there is no arbitrariness, where every FBS team knows exactly what they have to do in order to get to the playoff. Win your conference and you're in. I don't like that a G5 team could have a historically good year, possibly go undefeated, and still have to hope that other conferences cannibalize themselves. Had last year been a full season and this system were in place, assuming both Coastal Carolina and Cincinnati finished their seasons undefeated, and the rest of the results played out the same around the country (USC going undefeated before losing in the PAC-12 final), who here truly believes both CCU and UC would be in? Consider also that non conference schedules are made several years in advance. It's not like basketball where you can anticipate you will have a good team the following year and fill that schedule with the appropriate rigor of opponents.
You yourself even seem to be hinting that this could make for a more interesting playoff. In basketball, the least interesting games to watch are the 8/9 or 7/10 games between two at large P5 teams. I think there's enough leg to stand on that this could carry over to football.