Playoff specifics, using bowl games

See the previous post for context, and who's included in a playoff. For what it's worth, these are flexible and just suggestions, but I think they could work. I tried to accommodate as much history and tradition as possible, keeping in mind logistics, money, and the traditional anti-playoff arguments.

PLAYOFF FIRST ROUND:
We've got a 12-team bracket, seeded. First round playoff games, between teams seeded 5-12, will be played on the home field of the higher-seeded team. This helps minimize travel & expense for fans. These games will be played the second week of December, the week after the relegation playoffs.

NATIONAL QUARTER-FINALS:
After that round, we have 8 teams left who will play in the National Quarter-finals. These will be played as these 4 bowls: Cotton, Chick-Fil-A (Peach), Capital One (Citrus), Orange (sorry -- a current BCS game had to go; it could be any of the 4, though). The match-ups would be based on seeding and the rules in the previous post, but selection of games would be rotated among the bowls year-by-year, similar to how it's done in the BCS today. These games would be played the weekend before Christmas.

NATIONAL SEMI-FINALS & CHAMPIONSHIP GAME:
No more of this 2 games in one city, a week apart crap. The final will be rotated among the Rose, Fiesta, and Sugar Bowls; the other 2 in any given year will be the semi-finals, and game selection would be rotated like for the quarter-finals. The semi-finals will be on January 1, and the National Championship game will be on January 8.

THE CONCERNS OF THE BOWLS BEING A STEPPING-STONE
I recognize this is legitimate. I'm sure the Cotton or Orange Bowl doesn't want its champion to merely be whoever advances in a playoff, but there are sacrifices to make in order for this to work. And let's face it, any final-8 game would be a kajillion times more exciting than the Cincinnati/Virginia Tech Orange Bowl last year. I had to look up who played in it -- that's how lackluster it was. Or the magical Utah/Pitt Fiesta Bowl from a few years back -- YUK! The teams that don't belong will get weeded out in the first round. If not, hello Cinderella story!

Maybe the 4 current BCS bowls could work out something where they rotate: for instance, the year after (or before) being the National Championship game, it's the quarter-final bowl. Let's make that happen. In fact, since this is my proposal, consider it done.

REVENUE SPLITS:
Hopefully this one should be pretty straight-forward. Profits from the first round (on campus) playoff games would be split 50/50 between the participating conferences. As for the other bowl games, I wouldn't expect much to change from today.