I give you King Kaufman:
It means Florida's the champion, of course. The Bowl Championship Series is the system in place, pretty much everybody involved has at least tacitly bought into that system, and the system says Florida. None of this "Boise State is the real champion" stuff.
It also means that three times in the past six years the BCS has offered up a Championship Game that was a blowout.
It's one thing if a title game at the end of a tournament is a rout. At least both teams plausibly played their way in. But when a system pulls two teams from the multitudes and places them in the final by fiat, that final had better be a damn good game more often than not. A lot more often. It had better be a fluke, rather than routine, for one of the teams to look like it doesn't belong.