That is not true. I didn't say that HE said that ratings don't mean ANYTHING, he said that ratings don't mean EVERYTHING, which is true. You are correct in saying that ratings are the closest thing that we have to estimating a player's general skill, but there are other ways, such as direct analyzation.
That second part is most definitely valid, as well as extremely relevant, JOK-E-R.
Probably Mr. Shaibel