Only folks with loser mentalities are scared of competition. I think the top programs should play the other top programs they've historically had rivalries with. So this is how the 3 permanent opponents should go:
Tennessee - Alabama, Florida, Georgia
Florida - Georgia, Tennessee, LSU
Georgia - Florida, Auburn, Tennessee
Alabama - Auburn, Tennessee, LSU
Auburn - Alabama, Georgia, LSU
LSU - Florida, Alabama, Auburn
Next up the old southwest conference foes should be playing each other:
Texas - Oklahoma, A&M, Arkansas
Oklahoma - Texas, A&M, Arkansas
A&M - Texas, Oklahoma, Arkansas
Arkansas - Texas, Oklahoma, A&M
And finally the historic scrubs can go at it.