Predictions

It's half way through the year, lets take a look at the season conference by conference.

ACC: None of the teams are undefeated, Florida State and Clemson both with one loss as of now. Duke also with only one loss, but I see them falling in conference play.
Championship: Florida State vs Miami
Bowl eligible teams: Florida State-BCS, Clemson, NC State, Miami, Virginia Tech

Big East: There are three unbeaten teams as of now, but they all have to play each other at some point. They might also be the only three teams that end up bowl eligible.
Bowl eligible teams: Louisville-BCS, Cincinnati, Rutgers

Big 10: Ohio State is undefeated, but they're not eligible for post season play. Rose Bowl is up for grabs this year.
Championship: Michigan vs Wisconsin
Bowl eligible teams: Michigan, Wisconsin, Michigan State, Nebraska, Northwestern, Iowa, Purdue

Big 12: Kansas State and West Virginia are both looking solid, they'll play next weekend in a huge game.
Bowl eligible teams: Oklahoma-BCS, West Virginia, Kansas State, Texas, Iowa State, Texas Tech, Baylor

SEC: Alabama is the team to beat right now and I don't see anyone doing it.
Championship: Alabama vs Georgia
Bowl eligible teams: Alabama-BCS, Georgia, Florida, LSU, South Carolina, Texas A&M, Mississippi State, Vanderbilt, Ole Miss, Missouri

Pac 12: Oregon and Oregon State are both undefeated and USC can get back in the title picture if they can win out, which I think they can.
Championship: Oregon vs USC
Bowl eligible teams: Oregon-BCS, USC, Oregon State, Stanford, Arizona State, Washington, UCLA, Utah

I think Notre Dame will finish 10-2

Here's my guess at the BCS teams
Alabama, Florida State, Oregon, Oklahoma, West Virginia, Louisville, USC, Notre Dame, LSU, Michigan

Oregon vs Alabama in the title game with Alabama winning

Heisman

I was going to put together a top 10 list or even a top 5, but I'm just going to go with a top 1.

Geno Smith QB West Virginia

He's the clear front-runner right now, I don't see anyone else even near where he's at right now. There's still a lot of football to play, Braxton Miller and Collin Klein could slide up there if they play well enough.