Ohio State should be in there if they get past Miami (they should) and Iowa.
Alabama should also be in there, I agree.
Florida has no business being rated this high, unless you are in denial about Tebow being gone.
Iowa will not have the record to get in. If they beat OSU, they will lose to someone they have no business losing to (see OSU v. Purdue last year)
Although I like the props you are giving the Big Ten, Wisconsin also has no business on this list.
Neither does Nebraska.
Boise State might go undefeated, but they won't be in the Championship game, their opponents aren't tough enough for them to matter.
Auburn is an even longer shot than Wisconsin.
USC lost their coach, and was terrible last year anyways. No.
My prediction: Ohio State v. Alabama in a Scarlet v. Crimson Championship, with Ohio State winning (yes I am biased) due to increased experience of a Rose Bowl championship team and the continued development and improvement of Terrell Pryor and his relationship with Jim Tressel.