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College football preseason FPI roundtable: Biggest takeaways, underrated CFP contenders and more

The official preseason Football Power Index rankings have been released and the reactions have come quickly and in abundance.

Most teams are nearing the end of spring practice so what better time than now to dive into which teams are overrated, which are underrated and -- based on the initial FPI -- which can make a College Football Playoff run from the depths of the rankings.

Remember, it's just mid-April and real college football games are still months away, so if your team isn't in the top 10, top 25 or even top 100, there's still time to turn it around as the season approaches.