I think that the Big 10 has a really favorable bowl schedule, for the first time in a loooong time. The only team that truly doesn't have a shot is MSU. They fell on the two loss Bama grenade, which... awesome.
From there it gets much easier:
Wiscy v TCU - A pressure game for a big team like Wisconsin, but there are way more murderous opponents in BCS games. Easier draw than Stanford (whether you like the coach or not...) This is a can't lose game though, as we don't want a Big East team like TCU to beat a solid B10 school.
OSU v Arkansas - Another solid pull for a BCS game. Could have been a lot worse. I think OSU keeps with the trend and does them dirty ala Oregon from last year.
Iowa v Mizzou - Mizzou had a decent year against a very immasculated Big 12. Their only big win was against Oklahoma. They beat Illinois by 10 on opening day, FWIW. Iowa didn't play Illinois. I think Iowa is overrated, and that this is a coin flip.
Illinois v Baylor - Maybe the name Baylor just doesn't resonate with me, but I think Illinois puts on a clinic. I haven't been a proponent of the Big 12 for a few years, and Baylor is... Baylor. Illinois is going to be pretty solid next year, and Scheelhause (sic) can benfit from the extra practice. Home game for Baylor.
PSU v Florida - Probably not a bad year to play Florida in a bowl game. Losable game, but I think it's more likely a win. Home game for Florida.
Northwestern v Texas Tech - I don't have enough data on these teams to know. Home game for Texas Tech. Maybe a loss? Someone who's more knowledgable than me fill me in...
...and Michigan v MSU - (NNTMSU) I think we match up well against them. Even when our teams lose to 1AA schools, we still can bank on beating SEC schools. Another positive is that our team will have no distractions whatsoever going into this game. I'm sure there won't be any extracurricular banter by the press in the weeks leading up to it.
Another thing to consider is that we play only 3 true away games (in the state of the opposing team). That's down from the average year. I can see the Big 10 going 7-1 or 6-2 without a doubt. I think 5-3 is more likely.