You make that sound like it's a bad thing. Name me one other sport, in the entire world, where losing your first game of the season means you are out of contention to be the champion. Read that again ... how utterly stupid is that? Lose one game and you are out. You write as if you think that is a good thing.
As for your second point, that game would be crazy no matter what the CFP looks like. That's college football. That's rivalries. So, let me ask you a question ... with a 12 team CFP, are we going to have more rivalry games or fewer? My job is done.