Close. The Bills were knocked out of playoff contention by the loss to the Pats, but the season finale was in Philly. The Bills were 7-7 and had one last shot at a winning record, but lost to the Eagles. In that game, Bennett went crazy with a ton of tackles and sacks, like he was a one-man wrecking machine. Even though they lost, it gave a lot of hope for the following season.
I have to disagree with that. People did think the Bills had a chance at the playoffs. Nobody saw a 12-4 season coming with an early wrap-up of the division, but the playoffs were definitely part of the discussion. People had a sense that the Bills were building a very talented team, and barely missed out on a winning record the season before. I can dig up some old newspaper clippings if needed.