BLUF - Subjectivity among voters will determine the BCS title game - OBJECTIVITY CANNOT happen with the current system.
LSU - AL: Arguably the two best teams, hence the conundrum...
LSU - OSU: Both won their divisions - valid point
Stanford: Lost to a good same-conference team, bumping them out of the PAC championship
Oregon: 2 losses - thanks for playing
"Earned the right" doesn't even belong in this conversation as the system isn't built that way. If it were so, the only way some teams could "earn the right" (aka Houston or BSU) is to move to a better conference and play better teams.
Until we get a playoff there will always be chaos. The big schools won't play the "little" schools with good programs for fear of messing up a good season right out of the gate. Face it, a team like LSU stands to gain nothing from beating Houston in September, but Houston stands to make great gains the other way around.
Solution - 6 x 16 team conferences (96 teams, public math...) The WAC, SB, MW, ConfUSA and MA conferences have no business playing in a playoff in their current state. The handful of good teams in those conferences and all the independents should make a choice - join a real conference and play with a solid chance every year, or join the FCS and duke it out there. 120-96=24 teams, good luck in the FCS - thanks for giving it your all.
6 x 16 team conferences with ALL conference champions and 2 wildcard teams (don't really care how they are chosen) should play an elite 8 style playoff with 2 games before Christmas and the final 2 games after. Disclaimer - yes, I know that won't happen because "its all about the money" but if that is true, then the whole thing is moot. This format would initially benefit the weaker big conferences, but eventually, conference moves would even out the playing field, and the best 2 non-champions would still have an opportunity to make a "statement."
Let the winners win it on the field like real champions, not contenders chosen by a computer with human influence and human voters who "decide" the fate of the bowls. Without a playoff system (basketball), Gonzaga, UNLV, Providence, et al, would have never been heard of by the majority of NCAA fans.
Final tally...
LSU-AL, if for no other reason than the pure chaos it throws into the mix. Here's hoping for a playoff.