Michigan dominated 3 G5’s to start this year and no one will hold it against them. Beating bad teams is always going to be preferable to losing to good ones. The first time I see the committee give anything more than lip service to SOS, or even conference championships, I’ll start believing that it is a necessary component.
The only thing that has mattered for the last decade is one or zero losses. If there are multiple teams with one loss to decide from, the committee will always use whatever pretzel logic is required to get the best matchup for television instead of rewarding the team with the best resume.