FSU may not have had the better team anyways, but let's not kid ourselves. FSU was decimated compared to UGA. 3rd string QB and all key players gone... game was over before it started. And I think Smart even addressed this in an interview after the game.
I guess the point is one really can't say what the result would have been.
Seen teams lose a key player and the backup do just fine, or even better.
Seen teams fall apart with everyone on the roster.
This game was indicative of nothing but the team THAT day. Doesn't mean FSU would have fallen apart in the playoff, doesn't mean they wouldn't.
I would have placed them as the 4th team but that just me. I don't see this game as a vindication that the committee got it right.