I disagree that Minnesota, Wisconsin and Texas Tech do not have a chance at a national title. If any of the three go undefeated next year, they will play in the NC game. They play in BCS conferences.
Utah would have been playing for the national championship if they had bothered scheduling just 1 more BCS-conference team. They played 2. Most BCS schools would pay them to come and play. But they refuse.
Boise State was even worse. They played only 1 BCS-conference team! And the WAC is a total joke.
The Utah proposal is not about creating a true national championship. It's about hikacking the spotlight late in the season when it is most lucrative so other schools end up paying their dues for them.
Next year Utah plays precisely ZERO teams from the Big Ten, SEC, ACC and Big 12. Odds are quite good they will be undefeated in December even if they are mediocre.