It's clearly "for entertainment purposes only," an effort to try to take a look at whether a schools' recruiting needs are met, whether they've secured the playing services of a lot of recognized talent, and whether some of their measurables look good.
However, I frequently find myself wanting the Patsy Ratings to do more. For example, how did the Patriot League as a whole do in comparison to other FCS schools? Did the Mountain Hawks crush their FCS competition? Or was the actual picture different?
Without, say, an equivalent James Madison Football Nation willing to make these Patsy-like evaluations of the incoming classes of other FCS schools, there was no real good way to make that type of comparison.
However, my curiosity got the better of me. "There must be a way," I thought, "to at least be able to see how the different schools stack up against other schools in different conferences, even if it's not as good or as thorough as the Patsies."
I found out that there was.