Yes, I haven't argued there was any blue-blood prejudice against U of L. In fact, I'm banking that there may be a bias this year in FAVOR of a high-scoring team with the Heisman trophy winner that's pleasing to the eye...
The argument that the last two years haven't produced a non-champion in the CFP is "brown dog statistics"... "There goes a brown dog; therefore, all dogs are brown." If you understand that to mean I believe there aren't enough data to draw such a conclusion, you're right.
After a rough few weeks, FSU is ranked #11 in the RPI and #10 in the ESPN football power index (FPI). Louisville beat that team while ranked #2 or 3 in most polls by 42 points in a game that the Cards played the reserves in the 4th quarter. No other team in the CFP picture has a win of that significance. The closest would be Auburn's 5-point win over LSU (FPI #8).
Auburn already has two losses and would certainly have to win out for them to be any threat to an 11-1 Louisville. ESPN projects their chances of winning out at 8%.
I like U of L's situation...
I like U of L's situation too. We definitely need Washington to have one loss. I'm not convinced they win their conference. Also even if Clemson loses to FSU (I believe they will) IMO that helps Louisville because it further validates that FSU was/is a legit top 10 team.