Detailed information on how the ratings work is out there, you just have to have collected the data over the years. The PDGA is correct in protecting their assets here. If some web sites hadn't copied the PDGA course directory database to rebrand, the PDGA might have not had to become so tight lipped about their other IP.
Once the formula's cracked, there's really no reason to keep the IP private. They haven't patented the formula, have they?
And of course, this site now has a better course database than the PDGA, which still doesn't list (for example) Oil City.
I say publish the formula. Or come up with a new formula that makes more sense to people and allows for relatively easy handicapping.