Obviously, we're not out of it yet. There are four more regular season games to play. However, making the SECCG won't be easy. We need to win out (and climb in the BCS) and for Alabama to win the Iron Bowl. That's the most realistic scenario. If we lose another one we're looking at the Capital One Bowl or Cotton Bowl. If we win out we're talking Sugar Bowl realistically (a la Georgia 2007) and SECCG if we're lucky.
The SEC rules state that, in the event of a 3 way divisional tie, the top two teams in the BCS ratings are the ones for whom the head-to-head matchup matters. If we can stay or claw back into the top 10 and beat Bama only to have Bama beat Auburn, it's possible for us and Bama to be above Auburn (only because Auburn's loss would come so late and we would have had time to come back from ours). If we win out and it comes down to us and Bama in terms of BCS rankings, we win and we win the West.
Mathematically it's possible. After 2007, I won't rule anything out.
Call me delusionally optimistic but I have hope and belief in this team. I'm not happy with everything about this game. The O-Line could have been better, I saw poor drops by some of our wide-outs and the play calling left something to be desired.
But we're not out of it. Don't give up.
I am terrible at thinking through things, blame the liquor. The commenters have made a point that we need Auburn to lose again, which is absolutely right. If we win out and Auburn loses two then we are in with only one conference loss. However, if Auburn loses two games (one to Bama) then we're in the SECCG (probably) even if we lose to Ole Miss or Arkansas, as long as we beat Bama.
It ain't over 'til it's over