So what shakes out after that? It depends. If Florida and Alabama are both unbeaten, which isn't necessarily a given, going into the SEC final, the loser will get a bid. Unless maybe they get selected to play a rematch for an even better trophy, which isn't likely but not impossible. Let's go with isn't likely. That leaves two openings.
Notre Dame, 22nd in the BCS standings, has to end up 14th to be eligible. So the Irish need to win out, against Navy, at Pitt, Connecticut and at Stanford. If they do you can book them in as well, Dan-O.
What if Texas goes 12-0 but gets upset in the Big 12 finale? The Horns would still figure to get in. That's a long shot, sure, but stuff does happen.
Realistically, the bigger problem could be a 10-2 USC. The Trojans haven't played in anything but a Rose Bowl since the 2004 season, when they went to the Orange for the second time in 3 years. They made their one appearance in the Fiesta in 1981 (where they were beaten by Penn State) and have never been to the Sugar.
Don't think those sites wouldn't want USC, even with an extra blemish.
As usual, the best thing the Nits have going for them is their Nation, which travels extremely well. And they haven't been to a Fiesta since 1996, or the Sugar since winning their first of two rings in 1982. Which is hard to believe, actually.
My money would still be on the Lions, just because. Maybe they will even get matched up against Notre Dame. Or a Big East champion, Pitt. The mind boggles at the options.