USC is No. 1

Is USC going to party like it's 2004 in 2012?

That's what ESPN.com's Mark Schlabach says in the second iteration of the Way-Too-Early Preseason Top 25: The Trojans move up from No. 2 to No. 1. And it's not just about 18 starters returning from a top-five team.

The Trojans were one of the country's younger teams this past season, with 10 freshmen and sophomores starting. The Trojans will play six home games and six road games this season, including a Sept. 15 road trip to Stanford and a Nov. 3 home game against Oregon.

Oregon falls from No. 4 to No. 6 after QB Darron Thomas opted to enter the NFL draft. Stanford moves up from 13th to 17th, as Schlabach concludes: "Stanford's future still looks really bright under [coach David] Shaw."

And that's it for the Pac-12.

At this point, Schlabach's rankings would match USC with Alabama for the national championship, which would be great fun.