I don't think I've stuck my head into this discussion yet, so....
Personally, I like the idea of player ratings a great deal, for several reasons.
For one, I like having something other than the current victory to play for. I like the thought of having some cumulative rating to compare myself with other players.
More importantly, I like the idea of having some idea of who I'm going into a game with. I play both grudge and random, and when I play freestyle, I want to know what kind of people I'm with. If I see on turn 0 that a player with a 2 rating is playing that position, that means I better email him fast to get him up to speed. Likewise, if I see a Noldor player with a 20, I know I can trust that position to take care of itself, and possibly coordinate others.
I certainly don't see ratings as an end-all, be-all, or as some foundation for my ego, but I do think they can provide motivation and information, and frankly I see little downside to a well-designed system.
jason
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Jason Bennett, jasonab@acm.org
Software developer, cryptography buff, gamer
Believer in Jesus Christ as Savior and Lord