The board here actually did a mock conference draft back in June of '11 for 12 team conferences
There were 6 drafters:
Fresno St. Alum
PistolChad
BornCoog74
Theodoresdaddy
ChrisLords
UofLCard94
these were their picks (schools are in order of the round they were picked in)
Conference 1 - Florida, Penn State, Oklahoma, North Carolina, South Carolina, Connecticut, Georgia Tech, Illinois, Minnesota, Virginia, Kansas State, Purdue
Conference 2 - Texas, Ohio State, Tennessee, Wisconsin, Missouri, Oklahoma State, Maryland, Arizona State, Stanford, South Florida, Nevada, New Mexico
Conference 3 - Alabama, Michigan, Miami, UCLA, West Virginia, Brigham Young, Houston, Utah, Duke, Mississippi, Mississippi State, Memphis
Conference 4 - Texas Christian, Auburn, LSU, Oregon, Washington, Iowa, Boise State, Syracuse, Colorado, Central Florida, East Carolina, Massachusetts
Conference 5 - Notre Dame, Southern California, Nebraska, Virginia Tech, Clemson, Pitt, Kentucy, Kansas, Texas Tech, Boston College, Cincinnati, Temple
Conference 6 - Florida State, Texas A&M, Georgia, Arkansas, Michigan State, California, Louisville, Arizona, Indiana, North Carolina State, Oregon State, Air Force
Here is the link if you want to read the whole thread:
2011 Realignment Draft