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I would argue the ACC has done well considering. The issue is that in the future with the portal, NIL, 2 dominant conferences the talent more than likely will flow to the B1G and SEC and the playoff won't be competitive. It might take a decade or it might be half of that before it doesn't make any real sense to include other conferences and the P2 will be hungry for a money grab.The B1G is 3-7 in CFP history with all three of those wins coming from Ohio State....and two of them in year 1 of the CFP. Not exactly a stellar "performance" IMO. ACC has "performed" a hell of a lot better in the CFP than the B1G...even if it is all Clem but one loss. Cold hard truth is the SEC is the ONLY conference that has "performed" well in the CFP.
Basically, both could field a 4 team conference playoff with a champion and then have the champions play each other for the trophy. That would be an 8 team playoff with 4 games and they don't have to share the revenue.