Devil Dog,
Im not sure what you want my opinion on as this thread has taken a shift from overrated teams to conference rankings. If it is on conference rankings then my take is that the SEC has been the most dominant conference for the past ten years hands down when you take into consideration the perennial top twenty teams that this league produces each year, as well as amount of professionals the league produces and the skill level of coaching. You could also factor in the attendance and revenue that the league generates and there is no comparison. I believe that dominance is shrinking and other leagues are closing the gap quickly with the ACC coming on strong but some of the bottom tier ACC teams really do not produce much revenue and teams like Duke and Wake are going to have a hard time competing due to limitations on their recruiting. The Big 12 is not too far behind with the stacked Southern tier of the league, but the North is a joke due to the decline of Kansas St, Neb and Colorado. Personally, I think the Big 10 could be the strongest league top-to bottom this year as four teams have legit chances of running the table and the league should be 9 deep with some awesome defenses at OSU, Iowa and PSU. The Pac 10 currently is not as deep as these leagues listed above, but with the recent coaching hires in the past two years I think the Pac 10 is on the rise and within four years they could be a top 2 conf depending on how the bottom of the league adjust to the new coaching regimes. To sit here and compare bowl records is insane, as half of the bowls you could just throw out since the lower bowls are geared toward having the underdog winning outright since the better team usually could care less if they win the Freedom Bowl, Sun Bowl etc.. To compare out of conf schedules is not a good option since the majority of these games are predicated on producing revenue for the lesser programs, so why would Georgia go on the road when they can pay a minimal guarantee to Alabama Birmingham to come to Athens and sell 93,000 tickets? Would you really expect them to give that up to go play Stanford in front of 30,000 folks? Football feeds the lower level sports thats why the bigger schools have no reason to leave their home of non league games.
If you wanted a comment on the overrated teams then the only one that I consider overrated at this point is Georgia due to the loss of many key players, but Richt is a hell of a coach and it would not surprise me to see them do well. Miami, Tenn and Okie in my opinion all have legitimate shots at running the table or going 11-1 and ND if they win 7 games they would consider the season positive.