Does 24 teams mean no more conference championship games? It should.....
16 is the right number - no bye weeks - everyone plays the same number of games to get to the championship game.
You know some of those first round games are going to be bad mismatches - but I guess that is true at the FCS level too.
Read an interesting "speculation" article that the real winner is Notre Dame - outside of a bad season - they are locked into a playoff spot. Michigan, Ohio State and Texas (among others) may look at Notre Dame's independent standing as a real advantage - with no need to win a conference to get in the playoffs. Why stay in the B1G/SEC? Go independent with your own TV deal and rake in the cash without having to share revenue.
I am sure there will be some counter moves made by conferences to keep their key revenue generating teams in the fold - but if the money is there - a 24 team playoff opens the door to just pull the ripcord and go it alone. All the independents would schedule each other to ensure they have enough "quality" opponents for playoff consideration. If that happens - I think conference have to go back to some regional groupings instead of super conferences. In this example - Nebraska would end up with Iowa, MN, NW, WI, Purdue, Mich St, Indiana and Illinois - in what I assume would be called the B1G but who the heck knows. Assuming PSU goes back to independent status also.