I downloaded a software program to my computer that allows me to watch the SMU and basically any other college bowl game online via live streaming feed. I use it because I'm at work (aargh..) a lot of times when the games are played, and there's no TV at work.
It's easy to operate and downloads very quickly. It works for both PCs and Macs, but you must have DSL or cable Internet. Apparently, it works in any country too.
Anyway, the website below will give you instant access.