Still pretty meaningless, here’s where some of your major sources have Michigan’s bowl game and opponent for 2007. Complete BCS bowl projections are tracked here.
CollegeFootballNews (Scout.com): Michigan vs. South Carolina & the OBC, Outback Bowl
CBS Sportsline: Florida State (& the O-est BC) vs. Michigan, Champs Sports Bowl
ESPN (Bruce Feldman): Michigan vs. Kansas State, Alamo Bowl
ESPN (Mark Schlabach): Michigan vs. Tennessee, Captial One Bowl
By the way, two of the sources have your Ohio State Buckeyes returning to the big game, and I can’t say I see them losing a game up to that point.