BCS System could be fixed

Many people, including myself, are not happy with the current state of College Football. It is ridiculous that there is no playoff system in place to insure a more fair and reasonable determination of exactly who is number one.
I have heard arguments against a playoff, ranging from too many games for the teams participating, the destruction of the traditional bowl system, to a huge loss in revenue for member schools.
I have answers for all these objections. First of all, I would institute a 10 game maximum on the regular season (it used to be that way) and an 8 team playoff bracket. Obviously the two teams who make the final would play the most games and it would be capped at 13. (same as now).
As for the Bowls, I propose that the four national quarterfinal games would be the Rose, Orange, Fiesta and Sugar Bowls with the winners advancing to semi-finals and a BCS Final similar to the final four. All the lower bowls could keep business as usual, as they have no say in the national championship anyway.
The revenue question is answered easily as well...no one can deny that football is BY FAR the most popular sport, the revunue generated by the "bowl quarters", the national semi-finals and the championship game would be nothing short of HUGE. The TV ratings alone would make the NCAA and the member schools small fortunes.
As of today, I have taken the liberty of mapping out exactly what a playoff like this might look like this year...it gives us some intriguing match-ups and doesn't leave out possible unbeatens like Boise St. and T.C.U. My projected winners are nothing more than my opinion, but I think it makes my point that this system would be AWESOME for the fans.

Ohio st.
Oregon
(Rose Bowl)

Stanford
T.C.U.
(Orange Bowl)

Boise St.
L.S.U.
(Sugar Bowl)

Wisconsin
Auburn
(Fiesta Bowl)

I think the semi-finals might be Oregon vs. T.C.U. with Oregon winning and Boise St. vs. Wisconsin with Boise st. winning. That would make the BCS championship game Oregon against Boise St. with Oregon winning it all...and NO one could spit sour grapes and say they didn't get a chance. I know someone will say what about the 9th best team that didn't get a chance in the playoff, I figure if you finish 9th, you had to have lost a game or two at least and are taking your chances with being left out.

Now that would some exciting college football that the fans would go crazy for!