The 6 Stages of Rankings Understanding

Since this is the time of year that prospective B-School applicants might start looking for resources on the web, I thought I'd try to save them some time in understanding business school rankings:

Stage 1. You're a new applicant, just starting to research schools. You discover that there are several sets of rankings available to help. You also discover the BusinessWeek forums. Harnassing the power of Excel, you create hybrid rankings, averaging the FT, BW, USNews, and WSJ rankings. "It's genius!" you think. Debate ensues on the forums.

Stage 2. You realize that the WSJ and FT rankings are based on bizarre, single-factor criteria. Better to stick to the more reasonable Business Week and US News rankings.

Stage 3. Further reading of forums convinces you that "H/S/W" and "the M7" are the immutable hierarchy of the business school world, given from upon high.

Stage 4. At some point, you begin to realize that the forums and websites are mostly populated by overseas applicants and obsessive-compulsive types. You begin to doubt the wisdom of 24 year olds who have never actually seen the inside of a B-school.

Stage 5. You actually visit some schools and realize that there is so much more to their personality than rankings. Further, you realize that there are material differences that would make certain schools a better fit for you and your goals, despite their lower rankings.

Stage 6. You happily accept an offer from your school of choice. After attending for a while, you can't even remember what the school's rankings are. You meet with prospective students, and marvel at their obsession with rankings. One of them shows you his spreadsheet with weighted averages of different published rankings. You knowingly pat him on the back, then head off to a job interview.

Am I missing any stages?