It's not a bad thing at all since it promotes interest and excitement.
I believe that until Alabama's stranglehold is broken, good teams like OU are on the outside of achieving national championships. I have not seen such a domination by one team over a 12 year period as Alabama has achieved since 2009. And as much as we hate the SEC, 11 of the last 14 national championships are by SEC teams, since 2006......so if you don't like the SEC, then BEAT the SEC in playoff games.
Lots of things must be overcome for OU besides replacing departed players. There are injuries, suspensions and OU's perennial habit of getting upset by teams of lesser talent.
The 2021 schedule has Iowa State at home and the likelihood of a weaker conference overall. I see 3 games....OSU, Texas and Iowa State....as potentially dangerous.
We should consider what teams like Alabama, Clemson, Ohio State have returning as well as OU. While I hope all three lose games often, recruiting and coaching are at a level where these teams won't hit a brick wall anytime soon. OU has to get better, rather than hope and wait for other teams to decline.