Yes Please! Looks like the power that be are seriously discussing it and it looks like all roads lead to a +1 of some sort.
I personally would prefer a 16 team playoff like the other divisions do but with all 11 conference champs and 5 at larges picked from a BCS type formula. The seedings would be based on the formula as well. Last year would have looked like this.
1) LSU 1) Alabama
8) Louisiana Tech 8) Arkansas State
4) Boise State 4) Kansas State
5) Clemson 5) Wisconsin
2) Oklahoma State 2) Stanford
7) Northern Illinois 7) West Virginia
3) Oregon 3) Arkansas
6) Southern Miss 6) TCU
Tell me that wouldn't have been awesome. As far as game sites goes, first two rounds should definitely be at the higher seed's home field with national semis and championship at neutral sites.