With Nebraska moving to the Big 10 this season, Nebraska finishes out their conference schedule today at home against Iowa. In terms of the BCS, Nebraska is a significantly higher ranked team than Iowa (unranked). Let's take a look how the two teams fare under the production model.
Iowa is currently 7-4 against a SOS equal to 72.1. In the production model, the Hawkeyes are the #57 ranked team overall. Iowa is the #45 ranked offense and the #62 ranked defense.
Nebraska is currently 8-3 against a SOS equal to 56.9. In the production model the Huskers are the #55 ranked team overall. On the offensive side of the ball, Nebraska is the #55 ranked team, and on the defensive side of the ball the Huskers are the #47 ranked defense.
Thus the game should be competitive, with two slightly above average productive teams facing each other. I would say that the results of the model make calling the game too close to call.