I dunno. The ratings give a pretty good assessment of the course for that round. And on the courses I'm most familiar with, when the layouts don't change much and the weather isn't extreme, the ratings have been pretty consistent from year-to-year, within about a 1-throw range. They give a pretty good measure of the difficulty of the courses.
I think the biggest misconceptions are that individual round ratings are precise, such as seeing a big difference between 992 and 1005, and particularly that small samples, like a single round, are expected to be precise.
Which brings me to agreeing that "....particularly only a single round's worth of ratings, is flawed from the jump."
I guess my point is more that while ratings can give you a decent estimation of course difficulty or an expected range of scores, to expect that the numbers will be dead on consistent on the same course every time it is played is flawed.
Ratings measure the players against the field, not against the course. For the sake of the math, the course itself is entirely irrelevant.