re: By the logic of some here…shouldn’t Penix win the Heisman?

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No record doesn’t not factor as one of the main considerations.

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Sure it does. I'm pretty sure this is the first time an undefeated P5 champion is going to be left out of the CFP.

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They have said as much, ergo why we don’t have Liberty as one of the 4. You tell me, Liberty is undefeated, why are they not in? Oh that’s right because of WHO they played.

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Main consideration =/= only consideration. Sure, SOS factors in, particularly with respect to G5 teams.