Yes, but by and large even we (many CW posters) have asked for performance over long periods of time to be a factor in deciding if teams are good. We live in a sound byte world (with management mantras like "Everything must be measured" - not making that one up) - and ranking systems are part of this larger trend.TBH, I'm suggesting that Test cricket in general is too nuanced to be captured in a single table of numbers. I'm not a fan of Test ranking systems really.
As I say, teams are ever-changing things and sometimes a result from 6 months ago can be near-irrelevant, never mind one from 3-4 years ago.
This is not to say that I'd disagree with " Test cricket in general is too nuanced to be captured in a single table of numbers".