"Eden, I think you're unfairly discounting Bama's big neutral field victory over Michigan. Yes, Michigan is 4-2 but their other loss was a very close one to Notre Dame, which is probably also a top 5 team. And they've looked very dominant on offence and defence the last two weeks."
I'm not discounting their win! It's just that that's it. Literally that's all they have. Alabama looked dominant on offense and defense against Ole Miss and Missouri? Good! Every team in the top 10 should. Those teams are garbage. That's not something that should differentiate a team within the highest ranks. What would do that is going undefeated with a schedule full of .500 or better teams (Notre Dame) or multiple wins against 4-2/5-1 teams (Florida).
"Also, how would you guys rank the 1 loss teams? My top 3 are Oklahoma, LSU and USC in that order."
LSU, Oklahoma, South Carolina. USC looks good but they haven't done anything - the only truly good team on their schedule (Stanford) beat them, and the only win they have against .500 competition is Washington.
"Putting such a high importance on a team's schedule when ranking is ridiculous, which clearly leads to such absurd things as OSU being ranked ahead of The Ducks. To only look at the past, and ignore valid information in the present, makes yours the "gunboat" of ranking systems, clearly lacking in most everything that matters."
You're not being very reasonable about this. The ranking process is incredibly subjective in general, and no list is going to be absolutely correct by any means - but surely the one thing that actually CAN be qualified (past results: record, and against whom) should be the basis for ranking things, and not whatever nonexistent criterion you've set out to this point. There's no "valid information in the present" being ignored, or at least, none I'm seeing, and certainly none that you've pointed out.
"And what sort of ranking system brags about how, even though it isn't very accurate right now, that at the end of the season when all the games have been played it will be very accurate?"
That's not what I said. I think this is quite accurate to this point. I'm also acknowledging that our information is very much incomplete, with a lot of important games left to be played. So I'm saying that my rankings, like the season, are incomplete, and that as more information comes out, they'll adjust accordingly. To rank based on future performance is just assuming wins and losses and margins of victory. That might work around the office water cooler, but it won't do for trying to craft accurate rankings.
Besides "baww my team isn't #1/is ranked below a rival," what exactly is your issue with these rankings? Because the one thing I can discern with clarity from your posts is that you're not happy that Oregon isn't higher in the ranks, and that Oregon State is higher - but with just one data point that doesn't actually contradict the findings (mutual win vs Arizona), neither of these are actually supported to any extent.
@MichMan - I have a feeling Oklahoma and Southern Cal will beat them, yeah. The refs erred badly in handing ND the win when they did vs Stanford; I'm not sure if ND doesn't go on to beat them later in OT, but it's a shame how that game ended. But for now, they're undefeated, have arguably the toughest schedule in football and deserve the spot they've got.