The #1 vs. #2 game should be regarded as jsut that- a good bowl match-up, not a championship game. It goes into the evidnece fiel when the naitonal champion is voted upon.
There have been occasisons in the past when I thought a loss in a bowl game by a #1 team shouldn't necessarily depirve them of a naitonal title.
1965: #1 Michigan State, #2 Arkansas and #3 Nebraska are all 10-0 and all lose on new Year's Day, the Spartans by 2 points to a team they beat during the regualr season, the Razorbacks by 7 and the Cornhuskers by 11. Alabama, which had the best record of the teams that defeated them, (9-1-1 after the bowl games) and won by the biggest margain, was voted #1 by AP, evne though all the now 10-1 teams had a better record. UPI didn't vote after the bowls and so Michigan State went into the books as their national champion.
1975: Ohio State suffers the same fate as the Spartans- losing to UCLA in the Rose Bowl after haivng defeated them during the regular season. Oklahoma, who lost to Kansas 3-23, beats Michigan in the Orange Bowl and is voted #1. Both they and Ohio State are 11-1 but the Buckeyes split with the team that beat them.
1983: Nebraska loses 30-31 to Miami when a two point coversion is batted down. Miami, who lost to Florida 3-28, is 11-1 and outscored their opposition 316-136. Nebraska, 12-1, outscored theirs 654-217. It was an upset, folks!
Then there are the teams that "Won" naitonal championships because they were #1 in the alst regular seaosn poll and there was no poll after the bowls: Oklahoma 1950, Tennessee 1951, Maryland 1953, Minnesota 1960 and, ironically Alabama 1964. If SU had lost to Texas in the 1960 Cotton Bowl, we would still have been national champions.
Thsi LSU team ahs beaten more rnaked teams than anyone in history and they deserve at elast a co-championsip unless they get blown out. But they won't get it unless they win.