College Football Playoff?

The biggest argument for a college football playoff as of yet has come over the last two weeks of football. Many teams fell last week. This week the number two team has lost and as I write the number one team in the nation is on the ropes. The remaining undefeated teams are not exactly impressive and it is conceivable, no, probable that if the number 1 team loses tonight; there will be no undefeated team at the end of the year. How can you say one one loss team is better than 8 or 9 others? Wouldn't it be great if there was a nice little playoff to sort it all out?