There will likely never be a playoff system, the bowls are making too much money at the moment to allow either being disbanded or being relegated to a national quarterfinal or semifinal game. The only way I see it changing is if four really strong popular schools (for example USC, Notre Dame, Ohio State, and Florida) all finish a year undefeated creating an outcry. I just think its funny that one of the big objections to having a playoff is that it took the kids away from school too much playing the extra game, then this year they go and schedule a 12th game for everybody.
As for the BCS, don't mind it, just another way to screw up the same problem.
Oh, and GO OHIO STATE!