Auto-bids need to go away until we can get to a number of teams that mirrors what basketball/baseball tournaments have. Roughly 18-20% of teams make the tournament in those sports. Even with the 12-team playoff, football only gets 9%. Therefore, auto-bids are not fair, as it will absolutely punish the big conferences.
On the other hand, when has college football ever been about fairness? Perhaps it's the big money conferences' cross to bear. After all, the only way it was voted and accepted was because there were auto bids. Plus, it makes championship Saturday more exciting for the G5 conferences. AND - it's the top 6 conferences, not just any conference, so that generally ensures a G5 team gets in, but not a plethora of them. But honestly we need to get away from the P5/G5 talk because we don't know who is a P5/G5 anymore. Is the Pac-4 now a G5?
At the end of the day, after typing that out, I guess I can live with the auto-bids. But they aren't 'fair'. And they certainly need to be decreased now to 5. I don't want G5 teams purposely playing an all-G5 schedule just so they can go undefeated and win their conference title and get in because they know there are 2 spots available.