If UCLA beats Stanford (and of course we beat the scum) and in turn loses to Oregon in Santa Clara, I have a hard time seeing the "committee" penalizing the Bruins for that 3rd loss and us leapfrogging them to get a Big 6 bid. A few weeks ago I thought it might be possible for a third team to possibly snag a Cotton bowl bid but seeing how we lost ground after beating Washington, I just don't see it.
With that said, it seems to me that the winner on Friday will most likely be headed to San Antonio (vs. Oklahoma?) and the loser to the KFC bowl in the Bay Area (vs. Iowa/Maryland). The Holiday Bowl is still in play but if USC beats ND, and they should, they will be headed to SD as they've never been.