Colin Cowherd has Florida playing USC in the national champinship game this year. He has USC over Ohio State because the BCS will pick a 1 loss USC over them. He has Texas out because of their schedule being too tough.
I guess the champion of college football is turning in to which team plays the easiest schedule. I think Texas has a chance (atleast for a BCS game) if they beat ou, and go atleast 10-2 at the end of conference play. I really think Texas can go 11-1, but they will have to play good football all year. If its like last year, a 10-2 year this year might be a national championship game. I think ou will lose only 1 (Texas), because they have a VERY EASY schedule this year. If they beat Texas, then they will go undefeated.
The big thing to me, is that Texas CAN beat every team on the schedule. They play Missouri here, Kansas is overrated, and ou is..well ou. The one that is scary to me is Texas Tech, but I think Texas' defense will be ready by the time they play them.