has been close in some cases.
2017 UCF would be in only because ND wasn’t ahead of them with 3 losses. If ND had been a two-loss team UCF is out.
So a historical look back says it would have been fine (for the last 15 years anyway) but that doesn’t mean one wouldn’t be arbitrarily left out in the future. So I don’t think it’s ideal in principle. But in practice it would be awesome. Especially compared to what we have now.