BCS and bowl projections are up for this evening. Before the official release, we will see the coaches' poll , which will help clarify things further, but I believe the Harris poll isn't released before the final rankings come out.
I am still projecting LSU-Alabama for the title game, but Oklahoma State had a good night. The biggest thing that happened was Virginia Tech losing, which gives the Cowboys one less team between themselves and the Tide. OSU will also get a little computer boost from its win over Oklahoma and will most likely finish ahead of Alabama in that component.
After that, it's up to the voters. They may be impressed by 44-10, but it is a lot to ask (and predict) that voters will suddenly move the Cowboys up high enough to take advantage of their computer ranking. Such a move would be unprecedented and quite atypical of voter behavior.
In 2006, when voters changed their mind and elevated Florida over Michigan, the Gators deficit was quite a bit less than the number of voters in each poll. Oklahoma St started this week a whopping 342 points behind Alabama in the Harris poll and 166 back in the coaches' poll, which is nearly three times the number of voters in each poll. The Hokies' loss will help some, but it will take a significant voter epiphany to put Oklahoma State close enough to Alabama to overtake them.
It looks like Michigan got the help it needed to qualify for the at-large pool. I don't think it looks good for TCU though. The voters will really have to come to the Frogs' rescue, and that doesn't seem likely.
So, with that in mind, I now have Kansas State in the BCS instead of TCU.