Would the game really be less exciting if the four best from each league made the playoffs? You could still have a bunch of teams fighting for those slots. This year at least, little would change in either league, except the Pads would be pretty much assured of playing golf in October instead of making the playoffs with a possibly losing record, and an additional team from Phi/Fla/Hou/NYM/Was taking their place.
I do like the division format though - perhaps they ought to go back to 2 divisions in each league, with a slightly more balanced schedule, and then give it to the top 2 in each league. That would make it less likely that .500 teams get in while .530 teams miss out.
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8.14.07: "I guess heaven needed a shortstop."