The ESPN talking heads seem to be avoiding the question of where to rank Rutgers. Assuming there are no upsets among the top-10, I'm willing to comfortably move them ahead of ND and West Virginia, but not ahead of Florida or Texas. That leaves Auburn, Cal, USC, and Arkansas for consideration.
I think they should stay behind Cal, Auburn, and USC. I know that Arkansas won at Auburn, but Arkansas's non-conference record consists of wins over Utah St., La-Monroe, and SE Missouri State, and a 50-14 home loss to USC. So Rutgers goes ahead of Arkansas in my book, and West Virginia and Louisville are both dead as far as the BCS Championship game goes.
Here's how I'd rank the teams that still have a shot at Glendale, as of today:
tOSU
TSUN
Texas
Florida
Auburn
USC
Cal
Rutgers
Arkansas
ND
This makes a tOSU/TSUN rematch more likely. If the unthinkable happens on 11/18, how could voters drop a tOSU team that lost to the new #1 team below a Texas team that tOSU defeated 24-7 in Austin?