Zero surprise here once the championship games fell the way they did. Game is on the 30th, not the 1st, since the 1st is a Sunday this year; it's at 8 PM at whatever they're calling the place the Dolphins and Hurricanes play this week.
FSU is 9-3, 5-3 in the ACC, with wins over Ole Miss (which had a terrible record but was still top 20 to advanced metrics, USF (10-2), Florida, and Miami. They lost to Clemson and UNC narrowly, and Louisville somewhat less narrowly.
S&P+ has them 9th in the country, with the #6 offense and #18 D. An adjusted sack rate of 85th projects to be a problem for the FSU offense against Michigan. On the other hand, monster DE DeMarcus Walker and his 15 sacks rather loom on the other side of the ball. S&P+ has Michigan a 12-point favorite on a neutral field; dunno how neutral the Orange Bowl is given this context.