Ever since the BCS, teams dont drop for losing, thanks in LARGE part to SEC bias (which didnt exist before the bcs
The polls had it right. The most recent team to lose dropped below teams that lost early. Ole miss lost to an unranked team and dropped 1 spot in playoff bracket. Oregon, who beat 8th ranked MSU (ooc) and only lost to 12th ranked Zoner (early in season) sits behind 2 1 loss SEC teams is laughable and SEC criminal.
College football is permanently fubar'd
The playoffs rank teams based on who they beat more than who they lost to. Losses play some role (as I'll explain later), but not like in the BCS where they were a dagger through the heart. FWIW, Ole Miss has a marginally better resume than Oregon at this point, which is why they are 4th and Oregon 5th.
Oregon has slightly better wins (MSU, UCLA, UW, Cal and Wazzu) but lost at home by 7 to unranked Arizona. Ole Miss has wins over Bama, TAMU, Tenn, Boise State and Vandy, but lost on the road at #24 LSU by 3.
The losses are what separate Ole Miss and Oregon, even thought it's only 1 place.