I'll take a counter point: I think PSU played above their level all year and will regress next year. And this is coming from a PSU graduate.
Quite frankly (and going against popular opinion), I think Franklin is not a great coach. If there ever was a cheerleader coach, it's Franklin. I didn't like the hire then, and still don't like the hire now. Granted, their record was very good, but a lot of the wins were come from behind 20+ points, or fluky special teams plays. This team could have easily been 8-3 vs. 11-1 going into the bowl game, even with a piss poor BIG this year.
Good coaches coach for 60 minutes, not 30.