Here's a fun experiment: I awarded 1 point to each contender for every win a team they beat has vs P4 (secondary P4 Ws) & deducted  1 pt for every L a team they lost to has (secondary Ls).
Guess who came out (tied) at the top?
S-M-U.
No team is being slept on more.
(Edit: Had typo for OhSt/Oregon)