Yep. This is how it should have been from the start, but here we are, probably by design. The committee can sit here and say they want the best teams in the playoffs, not the most deserving teams, then use that as reasoning to put in a team that didn't even play for their conference championship. We've already seen it. I hate it, but it is what it is. Money rules, I guess.
I personally prefer a system where teams actually earn their way to a playoff spot and they aren't given it simply because they have talent on paper, but it seems all sports are moving away from earning things in the regular season.