I prefer the old system too (with all games on Jan 1 - or maybe one or two on the 2nd).
And even though the Hawks would have made a 16 team playoff this year, I think any playoff like that will only widen the gap between the TOP tier teams and the rest. "The rest" of these teams are the majority, so my guess it stays the way it is. Over time the only B10 teams that would have consistently made a 16-team playoff are OSU, Mich, and PSU so why would the other 8 B10 teams be in favor of a system that would further downplay the bowls they typically are invited to?
Then again, those "other 8 schools" allowed the B10 to change its last Rose Bowl tiebreaker from "removing the team that most recently got the bid" to using the highest ranked team in the BCS, so who knows what may get approved??? Using the BCS rankings - which are influenced by reputation and preseason polls - clearly favors teams like OSU that typically start out the season ranked higher simply for being tOSU.