Oregon. Clemson. I don't think Alabama is better than either. I don't believe they're better than Georgia, and if you believe in the "they beat ____ so they're better than ____" model, there you go.
Alabama isn't #1. Someone has said that an SEC isn't the best team in the country 3 years in a row now so there you go. It could still happen. This is the first year though that I've felt that ESPN and everyone else has been like "just give it to them" instead of "WHO'S GOING TO BEAT THEM THIS YEAR?!" like they have in the past. Clemson deserves the #1 spot.