Despite the loss at Oregon, the Devils can still have a "special" season. A BCS Bowl is still well within reach. There are multiple scenarios where ASU can make a BCS game, but all require the Devils to win out and finish 11-1.
Scenario 1: Oregon wins out and goes to the BCS National Championship game. If Oregon ends the season ranked #1 or #2 in the BCS standings and plays in the National Championship game, the Rose Bowl will have to select an at-large team to fill its spot (or two, if Ohio State is also in the National Championship game). The Rose Bowl is not required to select a Pac-10 team in this circumstance, but it probably would pick the Devils.
Scenario 2: Oregon wins out and goes to the Rose Bowl. If Oregon ends the season 11-1 but ranked #3 or lower, it will go to the Rose Bowl. ASU and Oregon would be co-champions of the Pac-10, but Oregon would get the Rose Bowl berth based on the head-to-head victory. One of the other BCS Bowls, most likely the Fiesta, would probably pick the Devils.
Scenario 3: Oregon loses another game. This would leave the Devils as undisputed Pac-10 champions and in the Rose Bowl.