One thing you have wrong there though, is Stanford possibly losing to Arizona State (thats if Arizona State beats Cal, UCLA could still be there). The problem is that Stanford isn't going to the Pac12 championship game. As long as Oregon beats Oregon St they still hold the tie breaker over Stanford and will host the first Pac12 championship game.
Also I'd be willing to be there are enough voters out there that do not want a rematch so badly that they would drop Bama out of number 2 for Okie State.
I think this is possible as well, but there will be some hell to pay for it somewhere if this scenario plays out.
They won't do it directly after the loss (look at what happened with Mich St, Ohio St). But they get their excuse to do it if Okie State beats OU decently, on a weekend that Bama stays at home. Same way Florida got their shot.
I honestly can't see two SEC teams in the title game. Not saying it can't happen, but I don't think it will be allowed to happen. In any system where there is a human component, even 2/3's of it, there is the possibility for manipulation. If two SEC teams go, look for major repercussions in the BCS structure down the road. The majority of the country HATES the SEC with a passion, and this will just put fuel on the fire. In fact, I wouldn't be surprised if they add a "BAMA Rule" based off this season to prevent this scenario from happening again. However, for all the people that complain about this scenario, I would point to the 2003 season when LSU had to beat UGA twice on our trip for a national title. I don't recall anyone saying the SEC East should send their #2 team just because we had already beaten UGA. I don't see why this should be any different. It's pretty clear that Bama is the second best team in the country. We have a system in place to pit #1 against #2 just like the SEC has a system in place to pit the East against the West. You can't change the rules of the game in the fourth quarter just because you don't like where it's going.
Virginia has two ACC titles I think in like 89 and 95. But the biggest buildup for one of their games was likely in 1990 vs Ga Tech as they both were undefeated and ranked talk high. Tech won and VA went on to lose their last 3 games or so and a bowl game.
ah yes, a blunder on my part, of course Oregon has to lose to Oregon State and that won't happen Vtech being the bigger issue for Okie State They both can't go 12-1 and win their conference championship Then you have split votes on who you think deserves to overtake Alabama Alabama is in at this point. For every 4th place vote Okie State would get (or conversely VTech), they would need two 2nd place votes to counteract it. That's tough. And right now Okie State would need about 1/4 of the voters to switch from Bama to Okie State, given what the computer polls should look like. So any substantial votes more than that, and we are probably reaching.
Living pretty close to Virginia and having quite a few friends that are Hokie grads, I somewhat follow Virginia Tech. An analogy between these two teams would be to suggest that is the equivalent of a team like Wisconsin playing a team like Louisville (with the Hokies being the superior team). At 1st glance, the temptation is to say "in-state rivalry, clear the odds" but the vast majority of people in Virginia are Virginia Tech fans. The University of Virginia is viewed as the snooty, Ivy League wannabe. I just don't see Tech losing to the Cavaliers. Virginia is in a rebuilding phase, which means they are a few notches down from their peak when they were still inferior to Virginia Tech. Having said all of that, I would relish seeing Okie State move up and make it to the BCS game. That means we would have played and beaten the best teams from the Pac 12, Big East, Conference USA, and Sun Belt in addition to winning the SEC West, that has the current top 3 BCS teams.