The SEC does have a lot of good teams. And it's top 2 or 3 teams are usually elite.
The SEC will likely have a *non-champ* ranked (in the polls) in the top-4. Under the new CFP format, the non-champ might actually have a better path to the CFP semifinals than its champion. For instance, let's say Georgia wins the SEC and finishes the season at #1 and Texas finishes ranked #4 in the polls.
#4 Texas gets the CFP 5-seed, as the top-ranked non-champ. They get a Round 1 home game, likely against a G5 champ like NIU, Boise State, or Tulane, who will be ranked in the polls somewhere between #12-24. Then, they play at a neutral site NY6 bowl against the weakest of the top-4 champs - likely a team ranked in the polls around #10-12.
So, the #4 ranked team (CFP 5-seed) gets the #12-24 ranked opponent (CFP 12-seed) in a Round 1 home (tune-up?) game and then the #10-12 team (CFP 4-seed) at a neutral site.
While the #1 ranked team gets the automatic bye into the CFP quarterfinals (rest v. rust?), they will face off in a neutral site game against a tougher opponent ranked in the #6-8 range (8 or 9 seed).
I foresee that the SEC will rack up a bunch of playoff wins and a good CFP win-loss record simply because of the CFP format that rewards the top non-champ with probably the easiest path to the CFP semifinals.