Is it time to blow up the current college football system and start over?

Conferences are disbanding or adding teams, creating bigger and bigger conferences so they can have a conference championship. There are really only going to be about 4 or 5 significant conferences. How about this...

Take 32 of the top programs in the country
Divide into 8 regional divisions
Play a 12 game regular season
The top team from each division makes the playoffs
Top four teams get first round byes
The maximum number of games by any team would be 15

Good because
Teams in the division would play each other home and home. You'd have OSU / Michigan twice per year
Take out the 4-5 cupcake wins most teams get. Much more competitive week in and out.
You'd get a true national champion each year.